secwatch.observer — SEC 8-K summary
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Issuer:     Primoris Services Corp (PRIM)
CIK:        0001361538
Form:       8-K
Filed at:   2024-02-26T23:59:59+00:00
Accession:  0001361538-24-000003
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Primoris FY2023 revenue $5.7B (+29%); net income down 5%; record backlog $10.9B; dividend $0.06
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- Full year 2023 revenue $5.7B (up 29.3% YoY); net income $126.1M, $2.33 diluted EPS (down 5.2%).
- Q4 2023 revenue $1.5B (up 14% YoY); net income $37.7M, $0.69 diluted EPS (down 9.3%).
- Adjusted EBITDA FY23 $379.5M (+33.9%); record total backlog $10.9B (+19.8%).
- Cash dividend of $0.06 per share; record date March 28, 2024; payable April 15, 2024.
- Full year operating cash flow $198.6M, up $115.2M from 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1361538/000136153824000003/0001361538-24-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1361538/000136153824000003/prim-20240221x8k.htm
  HTML page:      https://secwatch.observer/filing/0001361538-24-000003

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