Centuri Holdings, Inc. announced its financial and operating results for the fourth quarter and full year ended December 29, 2024, on February 26, 2025. Fourth quarter consolidated revenue increased by 7.8% to $717.1 million from $665.3 million in Q4 2023.
The company reported net income attributable to common stock of $10.3 million, or $0.12 per diluted share, for Q4 2024, a significant improvement from a net loss of $210.7 million, or $(2.94) per diluted share, in Q4 2023.
For the full year 2024, Centuri reported a net loss of $13.1 million, compared to net income of $19.7 million in 2023. The company also introduced its full year 2025 outlook, providing forward-looking financial expectations.
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