secwatch.observer — SEC 8-K summary
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Issuer:     Knife River Corp (KNF)
CIK:        0001955520
Form:       8-K
Filed at:   2025-05-06T23:59:59+00:00
Accession:  0001955520-25-000031
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Knife River Q1 net loss widens to $68.7M; closes Strata acquisition; sees record FY2025
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- Q1 revenue $353.5M (+7% YoY); net loss $68.7M ($1.21/sh) vs $47.6M ($0.84/sh) a year ago.
- Adjusted EBITDA loss widened to $38.0M from $17.7M in Q1 2024.
- Acquisition of Strata Corporation closed; adds to aggregates and contracting capabilities.
- Management expects record full-year revenue, net income, and adjusted EBITDA in 2025.
- Updated full-year 2025 guidance provided (specific numbers not included in this excerpt).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1955520/000195552025000031/0001955520-25-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1955520/000195552025000031/knf-20250506.htm
  HTML page:      https://secwatch.observer/filing/0001955520-25-000031

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