SOLV Energy (MWH) reported a Q1 net loss Tuesday of $23.4 million, widening from a loss of $714,000 a year earlier.
Revenue for the quarter ended March 31 was $676.8 million, up from $407.9 million a year earlier.
Analysts polled by FactSet expected $623.5 million.
The company updated its full-year 2026 financial guidance, including revenue of about $3.72 billion to $3.82. Analysts surveyed by FactSet expect $3.75 billion.
Shares of the company were up over 11% in Tuesday premarket trading.
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