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Centuri Announces More than $360 Million in New Project Awards Across Utility, Energy, and Data Center Markets

1. CTRI secures over $360 million in new project awards. 2. This includes significant new contracts for utility and energy sectors.

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FAQ

Why Bullish?

The announcement of $360 million in new project awards is a strong indicator of future revenue growth. Historical precedents show such contract wins lead to share price increases in utility service companies.

How important is it?

The substantial amount of new contracts suggests a strong business outlook, which is likely to attract investor interest and drive the stock price higher.

Why Short Term?

The immediate influx of new contracts typically reflects results in quarterly earnings. If CTRI can effectively execute these contracts, positive financial results can be expected shortly.

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NEEDUKSOSRE
PHOENIX--(BUSINESS WIRE)---- $CTRI--Centuri Holdings, Inc. (NYSE: CTRI) (“Centuri” or the "Company"), a leading, North American utility infrastructure services company, today announced more than $360 million in new awards, primarily reflecting new project scopes for utility, energy, and data center customers. The project awards and a significant new customer Master Service Agreement (MSA) represent work servicing a diverse mix of end markets and comprise a broad geographic spread, with a focus on the Com.

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