Tutor Perini (TPC) Q1 2026 Earnings Transcript

Before we discuss our first quarter results, we wanted to share tragic news regarding a recent incident that affected the Tutor Perini family. It is an unimaginable loss for all of us at Tutor Perini Corporation, and we extend our deepest thoughts, prayers, and heartfelt condolences to the crew's families, loved ones, and the entire affected community. Turning to our usual agenda, we delivered strong first quarter results highlighted by record operating cash flow of $147 million, by far the highest first quarter result ever, driven by collections on new and ongoing projects.