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Concrete Pumping Holdings Inc (BBCP) Faces Weather Challenges in Q1 Fiscal 2024 Despite Revenue ... [Yahoo! Finance]

Concrete Pumping Holdings, Inc. (BBCP) 
Last concrete pumping holdings, inc. earnings: 3/11 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Net Loss Reported : The company experienced a net loss of $3.8 million, a decline from a net income of $6.5 million in the previous year. Adjusted EBITDA Decrease : Adjusted EBITDA fell by 23% to $19.3 million, with margin contracting to 19.7%. Liquidity and Debt : Total available liquidity stood at $217.0 million, with net debt at $373.3 million. Share Repurchase Program : BBCP's board approved a $15 million increase to the share repurchase program. Warning! GuruFocus has detected 4 Warning Signs with BBCP. On March 7, 2024, Concrete Pumping Holdings Inc ( NASDAQ:BBCP ) released its 8-K filing , detailing the financial results for the first quarter of fiscal year 2024. The company, a leading provider of concrete pumping and waste management services in the U.S. and U.K., faced significant challenges due to severe winter weather, which affected its U.S. operations. Despite these challenges, the company managed to report a 4% increase in revenue, reaching $97.7 million. Ho Show less Read more
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