Maham Fatima
Thu, May 21, 2026 astatine 8:30 AM CDT 2 min read
During the quarter, Centuri Holdings Inc. (NYSE:CTRI) secured $1.3 cardinal successful full bookings, propelled by a premix of caller bid awards and Master Service Agreement/MSA renewals. This commercialized momentum expanded the company’s backlog to a grounds $6.5 billion, representing a 44% year-over-year increase. Management subsequently reaffirmed its full-year 2026 guidance, expecting full gross betwixt $3.24 cardinal and $3.54 billion.
Alongside earnings, the institution introduced its “Vision One Centuri” strategical program and established semipermanent fiscal targets done 2029. These targets task a basal gross CAGR of 10% to 15% and a people basal gross nett borderline of 8.7% to 9.7% by 2029. The strategy focuses connected halfway capabilities, adjacent marketplace expansion, and strengthening assets transportation to thrust profitable growth.
Centuri Holdings Inc. (NYSE:CTRI) operates arsenic a inferior infrastructure services institution successful North America. The institution has 4 segments: US Gas Utility Services, Canadian Gas Utility Services, Union Electric Utility Services, and Non-Union Electric Utility Services.
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