secwatch.observer — SEC 8-K summary
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Issuer:     Centuri Holdings, Inc. (CTRI)
CIK:        0001981599
Form:       8-K
Filed at:   2025-02-26T23:59:59+00:00
Accession:  0001981599-25-000006
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Centuri Q4 revenue $717M, Adj. EBITDA $70.7M; guides FY2025 revenue $2.6-2.8B
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- Q4 revenue $717.1M (+7.8% YoY); diluted EPS $0.12; adjusted diluted EPS $0.21.
- FY2024 revenue $2.64B (above $2.6B midpoint guidance); net loss $6.7M; Adj. EBITDA $238.2M (9.0% margin).
- Backlog $3.7B (90% MSA); net debt/EBITDA improved to 3.6x from 4.0x.
- FY2025 outlook: revenue $2.60-2.80B, Adj. EBITDA $240-275M, net capex $65-80M.
- Appointed Chris Brown as President & CEO effective Dec 3, 2024; hurricane restoration added $46.7M Q4 revenue.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1981599/000198159925000006/0001981599-25-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1981599/000198159925000006/ctri-20250226.htm
  HTML page:      https://secwatch.observer/filing/0001981599-25-000006

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