{"schema_version":"secwatch.filing_event.v1","accession":"0001981599-24-000018","form_type":"8-K","ticker":"CTRI","cik":"0001981599","company_name":"Centuri Holdings, Inc.","filed_at":"2024-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.370209+00:00","generated_at":"2026-06-02T14:02:45.369870+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Centuri Q1 revenue $528M down 19% YoY; adjusted EBITDA $20.2M, net loss widens","bullets":["Net loss attributable to common stock $(25.1)M vs $(8.8)M prior year; adjusted net loss $(14.4)M.","Revenue $528M vs $653.3M, down 19.2% due to unfavorable weather, lower offshore wind and storm restoration.","Completed IPO of 14.3M shares at $21/share, net proceeds $329.3M used to pay down debt.","Acquired remaining 10% stake in Linetec Services for $92M in April 2024.","Received over $40M in new awards from existing MSA customers."],"urls":{"canonical":"https://secwatch.observer/filing/0001981599-24-000018","json":"https://secwatch.observer/filing/0001981599-24-000018.json","markdown":"https://secwatch.observer/filing/0001981599-24-000018.md","text":"https://secwatch.observer/filing/0001981599-24-000018.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1981599/000198159924000018/0001981599-24-000018-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1981599/000198159924000018/ctri-20240508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T14:02:45.369870+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cd2ad0e7cad7b9644ee5e42a31597b2d17a0c5fa","claim":"Centuri Holdings, Inc. reported first quarter, ended March 31, 2024 results: revenue $528.0 million, net income $(25.1) million.","evidence_excerpt":"from existing master service agreements (\"MSAs\") customers supporting the work to advance critical reliability and integrity spending • First quarter consolidated revenue of $528.0 million • First quarter results include net loss attributable to common stock of $(25.1) million, adjusted net loss of $(14.4) million, and adjusted EBITDA of $20.2 million • First","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1981599/000198159924000018/0001981599-24-000018-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter, ended March 31, 2024"},{"label":"Revenue","value":"$528.0 million"},{"label":"Net income","value":"$(25.1) million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}