Financial Performance - Q1 2025 - Revenue reached $550.1 million[26], while adjusted EBITDA was $24.2 million[26], resulting in an adjusted EBITDA margin of 4.4%[26] - Gross profit amounted to $20.3 million[26] - Net loss attributable to common stock was $(17.9) million, or $(0.20) per diluted share[35] - Adjusted net loss was $(10.5) million, or $(0.12) per adjusted diluted share[35] Commercial Achievements - Total bookings reached $1.2 billion[31], with a book-to-bill ratio of 2.2x[31] - New awards totaled $505 million[31], and renewals amounted to $700 million[31] - The company has near-term opportunities valued at $1.4 billion[31] and an opportunity pipeline of approximately $12 billion[31] Segment Performance & Outlook - Non-union Electric revenues increased by 42% year-over-year[29], with segment gross margin rising to 11.9% compared to 2.9% in 1Q24[29] - The company affirms its FY 2025 outlook, projecting revenue between $2.6 billion and $2.8 billion[55], and adjusted EBITDA between $240 million and $275 million[55]
Centuri Holdings, Inc.(CTRI) - 2025 Q1 - Earnings Call Presentation