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Centuri Holdings, Inc. Investors: Company Investigated by the Portnoy Law Firm
CTRICenturi Holdings, Inc.(CTRI) GlobeNewswire News Room·2024-11-06 23:12

Core Insights - Centuri Holdings, Inc. is under investigation for possible securities fraud, with a potential class action being considered for affected investors [1][2] - The company reported Q2 financial results that missed market expectations, with a Non-GAAP EPS of 0.20,fallingshortby0.20, falling short by 0.02, and quarterly revenue of 643.39million,a17.0643.39 million, a 17.0% decline year-over-year, missing analyst estimates by 117.03 million [3] Financial Performance - Q2 2024 Non-GAAP EPS was 0.20,missingexpectationsby0.20, missing expectations by 0.02 [3] - Quarterly revenue was 643.39million,representinga17.0643.39 million, representing a 17.0% decline compared to the same period last year [3] - Revenue missed analyst estimates by 117.03 million [3] IPO Information - Centuri went public on April 18, 2024, offering 12.4 million shares at $21 per share [3]