“Centuri Stock Up 18% This Year: What a New $17 Million Position Signals for Investors”
December 23, 2025
“…California-based Tensile Capital Management disclosed a new position in the third quarter, acquiring 812,088 shares of Centuri in a position valued at approximately $17.2 million…
Centuri Holdings provides utility infrastructure services, including maintenance, replacement, repair, and installation for gas and electric utilities across North America…
…Centuri’s third-quarter results underscore why: Revenue rose 18% to a record $850 million, while base revenue—excluding unpredictable storm-restoration work—jumped 25% year over year. Base gross profit, meanwhile, climbed 28%, and the firm’s backlog reached a record $5.9 billion, up 59% from year-end 2024, providing promising visibility into 2026 growth…”
https://finance.yahoo.com/news/centuri-stock-18-17-million-172006036.html