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CORRECTING and REPLACING Primoris Services Corporation Reports First Quarter 2025 Results

1. PRIM's Q1 2025 revenue corrected to $1.65 million. 2. Previous figure misrepresented at $81.6 million.

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FAQ

Why Bearish?

A major correction in revenue suggests potential operational issues. Historically, similar adjustments have led to stock sell-offs.

How important is it?

Revenue corrections could signal broader operational problems, affecting investor confidence significantly. PRIM's credibility may be questioned, impacting stock price.

Why Short Term?

Immediate investor reaction likely due to revenue misreport, impacting short-term trading. Such corrections usually cause quick market adjustments.

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FLRIBMGD
DALLAS--(BUSINESS WIRE)--In the CONDENSED CONSOLIDATED STATEMENTS OF INCOME, Revenue for the Three Months Ended March 31, 2025, should be $1,648,112 (instead of $81,648,112). The updated release reads: PRIMORIS SERVICES CORPORATION REPORTS FIRST QUARTER 2025 RESULTS Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced financial results for its first quarter ended March 31, 2025 and provided comments on the Company's operational performance and outlook for 202.

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