Centuri Holdings Reports Record Q3 Revenue and Outlines 2027 Financial Targets
Centuri Holdings (CTRI) reported record-breaking third-quarter results, achieving quarterly revenue of $1.2 billion and a gross profit of $113 million. CEO Christian Brown highlighted these milestones as significant achievements for the company's operational trajectory. Looking ahead, the company has established ambitious long-term financial targets. Centuri aims to surpass $4.4 billion in annual revenue by 2027 while targeting a gross margin range of 8.5% to 9%. These projections signal management's confidence in scaling operations and improving profitability over the next few years.