Primoris Services Files 8-K on Operations & Financial Condition
Ticker: PRIM · Form: 8-K · Filed: 2024-02-26T00:00:00.000Z
Sentiment: neutral
Topics: financial-condition, operations, 8-K
TL;DR
**Primoris Services just dropped an 8-K on its financials and operations, keep an eye out for details!**
AI Summary
This 8-K filing from Primoris Services Corporation, dated February 21, 2024, reports on 'Results of Operations and Financial Condition' and 'Other Events'. The company, incorporated in Delaware with IRS number 20-4743916, operates in water, sewer, pipeline, communication, and power line construction. The filing indicates a current report pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934.
Why It Matters
This filing signals that Primoris Services Corporation is providing an update on its financial performance and operational status, which can influence investor perception and stock valuation.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of operational and financial condition, not indicating any immediate adverse events.
Key Numbers
- 2024-02-21 — Report Date (Date of earliest event reported in the 8-K filing)
- 001-34145 — SEC File Number (Primoris Services Corporation's SEC file number)
- 20-4743916 — IRS Number (Primoris Services Corporation's IRS Employer Identification Number)
Key Players & Entities
- Primoris Services Corporation (company) — Registrant
- Delaware (company) — State of incorporation
- February 21, 2024 (date) — Date of earliest event reported
- 20-4743916 (dollar_amount) — I.R.S. Employer Identification Number
- 001-34145 (dollar_amount) — Commission File Number
FAQ
What is the purpose of this 8-K filing by Primoris Services Corporation?
The 8-K filing is a current report pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934, reporting on 'Results of Operations and Financial Condition' and 'Other Events'.
What is the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 21, 2024.
Where is Primoris Services Corporation incorporated?
Primoris Services Corporation is incorporated in Delaware.
What is the Commission File Number for Primoris Services Corporation?
The Commission File Number for Primoris Services Corporation is 001-34145.
What industry does Primoris Services Corporation operate in?
Primoris Services Corporation operates in the Water, Sewer, Pipeline, Communication, and Power Line Construction industry.
Filing Stats: 565 words · 2 min read · ~2 pages · Grade level 11.9 · Accepted 2024-02-26 16:34:31
Key Financial Figures
- $0.0001 — nge on which registered Common Stock , $0.0001 par value PRIM New York Stock Excha
- $0.06 — f Directors declared a cash dividend of $0.06 per share of common stock for stockhold
Filing Documents
- prim-20240221x8k.htm (8-K) — 61KB
- prim-20240221xex99.htm (EX-99) — 605KB
- prim-20240221xex99001.jpg (GRAPHIC) — 10KB
- 0001361538-24-000003.txt ( ) — 839KB
- prim-20240221.xsd (EX-101.SCH) — 3KB
- prim-20240221_lab.xml (EX-101.LAB) — 16KB
- prim-20240221_pre.xml (EX-101.PRE) — 10KB
- prim-20240221x8k_htm.xml (XML) — 5KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition On February 26, 2024, Primoris Services Corporation, a Delaware corporation ("Primoris", the "Company") issued a press release announcing its financial performance for the quarter and year ended December 31, 2023. The information contained in the press release attached hereto is being furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that Section, and shall not be deemed incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
01 Other Events
Item 8.01 Other Events Declaration of Cash Dividend to Stockholders On February 21, 2024, the Company's Board of Directors declared a cash dividend of $0.06 per share of common stock for stockholders of record as of March 28, 2024, payable on or about April 15, 2024.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits The following exhibits are filed herewith: Exhibit No. Description 99.1 Press Release dated February 26, 2024 104 Cover Page Interactive Data File (formatted as Inline XBRL and included in Exhibit 101) 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PRIMORIS SERVICES CORPORATION Dated: February 26, 2024 By: /s/ Kenneth M. Dodgen Kenneth M. Dodgen Executive Vice President, Chief Financial Officer 3