<a href="https://laohu8.com/S/CTRI">Centuri</a> Holdings Reports Q3 Revenue of $850 Million and Net Income of $2.1 Million
Centuri Holdings Inc. reported third quarter 2025 revenue of $850.0 million, an 18.1% increase compared to $720.1 million in the third quarter of 2024. Gross profit for the quarter was $78.0 million, up 2.9% from the previous year. Net income attributable to common stock was $2.1 million, or diluted earnings per share of $0.02, compared to a net loss of $3.7 million, or diluted loss per share of $0.04, in the third quarter of 2024. Adjusted EBITDA for the period was $75.2 million, compared to $78.8 million in the prior year. The company secured $815 million in bookings during the quarter, resulting in a record backlog of $5.9 billion, a 59% increase from year-end 2024. Centuri updated its full-year 2025 revenue guidance to $2.8 to $2.9 billion and adjusted EBITDA guidance to $240 to $250 million. The company reported year-to-date awards of over $3.7 billion, with nearly 80% of new awards in the third quarter representing new opportunities, and highlighted a robust sales pipeline of $13 billion.
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