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Stock impact report

Tutor Perini Reports Second Quarter 2022 Results

Tutor Perini Corporation (TPC) 
Last tutor perini corporation earnings: 2/26 04:15 pm Check Earnings Report
Company Research Source: Business Wire
Strong operating cash flow of $58.0 million in Q2 2022 compared to usage of $84.6 million in Q2 2021Record year-to-date operating cash flow of $178.7 million, the largest result for the first six months of any year since the merger between Tutor-Saliba Corporation and Perini Corporation in 2008Backlog increased 14% year-over-year to $8.5 billion compared to $7.5 billion at Q2 2021Anticipate improved operating cash generation for the remainder of 2022 compared to the second half of 2021 LOS ANGELES--(BUSINESS WIRE)--Tutor Perini Corporation (the “Company”) (NYSE: TPC), a leading civil, building and specialty construction company, reported results today for the second quarter of 2022. Revenue was $0.9 billion compared to $1.2 billion for the second quarter of last year. The decrease was primarily due to reduced project execution activities on various projects in all three segments, most of which are completed or nearing completion, partially offset by increased activities on certain Show less Read more
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