secwatch.observer — SEC 8-K summary
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Issuer:     Everus Construction Group, Inc. (ECG)
CIK:        0002015845
Form:       8-K
Filed at:   2025-02-11T23:59:59+00:00
Accession:  0002015845-25-000005
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Everus reports Q4 rev $759.7M (+19.5%), FY net inc $143.4M, backlog $2.8B (+38%), guides FY25 rev $3.0-3.1B
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- Q4 revenues $759.7M (+19.5% YoY), net income $34.4M ($0.67 EPS); FY revenues $2.85B, net income $143.4M ($2.81 EPS).
- EBITDA Q4 $58.3M (margin 7.7%); FY EBITDA $232.2M (margin 8.1%).
- Backlog $2.8B at Dec 31, 2024, up 38.3% from $2.0B year-end 2023.
- FY 2025 guidance: revenue $3.0-3.1B, EBITDA $210-225M (midpoint implies decline from FY24).
- Net leverage 1.0x; spinoff from MDU completed Oct 31, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2015845/000201584525000005/0002015845-25-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2015845/000201584525000005/ecg-20250211.htm
  HTML page:      https://secwatch.observer/filing/0002015845-25-000005

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