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Tutor Perini Subsidiary Gets Contract for Sutter Health's Medicine Care Complex in Sacramento

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Tutor Perini (TPC) said Wednesday that its subsidiary, Rudolph and Sletten, has secured a contract from Sutter Health for future Advanced Orthopedics & Sports Medicine Care Complex in Sacramento, California.

The undisclosed contract value was reflected in Tutor Perini's backlog at the end of Q1, according to a statement.

The project will convert the existing 660 J Street office building into a new 120,000 square-foot ambulatory surgical center and medical office building, the company said.

Pre-construction work started in the spring of 2025 and the project recently entered the construction phase, with significant completion expected in the fall of 2027, the company added.

Price: $81.28, Change: $-1.41, Percent Change: -1.71%

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Gyre Therapeutics Says China Regulator Accepts Application for Liver Fibrosis Drug

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$GYRE
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Evolution Petroleum Swings to Fiscal Q3 Loss as Revenue Falls; Shares Drop After Hours

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$EPM
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Arteris Q1 Adjusted Loss Narrows, Revenue Rises; Shares Gain After Hours; CFO to Retire

Arteris (AIP) reported a Q1 adjusted loss late Tuesday of $0.03 per diluted share, narrowing from the loss of $0.09 a year earlier.Four analysts polled by FactSet expected a loss of $0.07.Revenue in the three months ended March 31 rose to $22.9 million from $16.5 million a year earlier.Four analysts surveyed by FactSet expected $21 million.The company expects revenue of $23 million to $24 million in Q2 and $91 million to $95 million in the full year. Four analysts expect $22 million in Q2 and $91 million in the full year.Arteris shares rose 7.9% in after-hours trading.The company also said Chief Financial Officer Nicholas Hawkins plans to retire effective Aug. 31, and the board has started a search for a new CFO.

$AIP