secwatch.observer — SEC 8-K summary
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Issuer:     Centuri Holdings, Inc. (CTRI)
CIK:        0001981599
Form:       8-K
Filed at:   2025-08-06T23:59:59+00:00
Accession:  0001981599-25-000045
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Centuri Q2 revenue up 7.7% to $724M, adj. EPS $0.19; raises FY revenue guidance
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- Revenue $724.1M (+7.7% YoY); net income $8.1M ($0.09 diluted) vs $11.7M ($0.14) prior year.
- Adjusted net income $16.9M ($0.19 adj. diluted EPS); Adjusted EBITDA $71.8M (+4.7% YoY).
- FY 2025 revenue guidance raised to $2.70-2.85B (from $2.60-2.80B); adj. EBITDA narrowed to $250-270M.
- Record Q2 bookings of ~$1.8B drove backlog to $5.3B; H1 book-to-bill ratio 2.3x.
- Post-quarter refinancing: revolver upsized to $450M, maturity extended to 2030; Term Loan B maturity to 2032.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1981599/000198159925000045/0001981599-25-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1981599/000198159925000045/ctri-20250806.htm
  HTML page:      https://secwatch.observer/filing/0001981599-25-000045

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