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Stock impact report

Concrete Pumping Holdings Reports First Quarter Fiscal Year 2024 Results [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
DENVER, March 07, 2024 (GLOBE NEWSWIRE) -- Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (the “Company” or “CPH”), a leading provider of concrete pumping and waste management services in the U.S. and U.K., reported financial results for the first quarter ended January 31, 2024. First Quarter Fiscal Year 2024 Summary vs. First Quarter of Fiscal Year 2023 (unless otherwise noted) ? Revenue increased 4% to $97.7 million compared to $93.6 million. ? Gross profit decreased 9% to $33.3 million compared to $36.5 million. ? Income from operations decreased to $1.5 million compared to $9.4 million. ? Net loss of $3.8 million compared to net income of $6.5 million. ? Net loss attributable to common shareholders of $4.3 million or $(0.08) per diluted share, compared to net income of $6.0 million or $0.11 per diluted share. ? Adjusted EBITDA decreased 23% to $19.3 million compared to $25.0 million, with Adjusted EBITDA margin of 19.7% compared to 26.8%. ? Amounts o Show less Read more
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