secwatch.observer — SEC 8-K summary
======================================

Issuer:     Primoris Services Corp (PRIM)
CIK:        0001361538
Form:       8-K
Filed at:   2024-08-05T23:59:59+00:00
Accession:  0001361538-24-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Primoris Q2 revenue up 10.6% to $1.56B; raises EPS guidance to $2.70-$2.90
--------------------------------------------------------------------------

- Revenue $1,563.7M (+10.6% YoY); net income $49.5M ($0.91 diluted EPS) vs $39.0M ($0.72) year ago.
- Adjusted net income $57.1M ($1.04 adjusted EPS) vs $43.4M ($0.80); Adjusted EBITDA $117.1M (+14.4% YoY).
- Raises 2024 EPS guidance to $2.70-$2.90 (from $2.55-$2.75) and adjusted EPS to $3.25-$3.45 (from $3.00-$3.20).
- Board declares $0.06/share cash dividend payable Oct 15 to holders of record Sep 30, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1361538/000136153824000017/0001361538-24-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1361538/000136153824000017/prim-20240731x8k.htm
  HTML page:      https://secwatch.observer/filing/0001361538-24-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer