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AI brief of an SEC Form 8-K · MYR Group (MYRG)

MYR Group Q1 net income rises to $23.3 million, or $1.45 a share

Positive Impact 3 of 5 earnings Written later

MYR Group reported first-quarter 2025 results in a press release furnished with this 8-K. Revenue, net income, diluted earnings per share and EBITDA all rose from the first quarter of 2024, and backlog reached $2.64 billion.

Key points

  • Contract revenues were $833.6 million, up $18.0 million from the first quarter of 2024
  • Net income was $23.3 million, or $1.45 per diluted share, versus $18.9 million, or $1.12 per diluted share, a year earlier
  • EBITDA, a non-GAAP measure, was $50.2 million versus $39.8 million; gross margin was 11.6 percent versus 10.6 percent
  • Backlog was $2.64 billion at March 31, 2025, up from $2.58 billion at December 31, 2024; the company repurchased $75.0 million of common stock in the quarter

The filing

CompanyMYR Group (MYRG)
Form8-K, current report
Filed with the SECApr 30, 2025, 4:02 PM ET
Accession number0000700923-25-000021

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:01 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 30, 2025.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.