Construction Partners, Inc. Announces Fiscal 2024 Second Quarter Results
Construction Partners, Inc. (ROAD)
Last construction partners, inc. earnings: 2/7 07:00 am
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Source: PR Newswire
Q2 Revenue Up 14% Compared to Q2 FY23Q2 Adjusted EBITDA Up 45% Compared to Q2 FY23Record Backlog of $1.79 BillionCompany Raises FY24 OutlookDOTHAN, Ala., May 10, 2024 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) ("CPI" or the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across six southeastern states, today reported financial and operating results for its fiscal second quarter ended March 31, 2024.Fred J. (Jule) Smith, III, the Company's President and Chief Executive Officer, said, "We are pleased to report a strong second quarter in the slowest winter quarter of our seasonal business, achieving year-over-year growth in revenue, gross profit and gross profit margin, Adjusted EBITDA and Adjusted EBITDA margin. In addition, we grew our project backlog to $1.79 billion as of March 31, 2024. Our continued revenue and backlog growth reflects the strong ongoing demand and funding environment for b
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News
- Construction Partners, Inc. (NASDAQ: ROAD) had its price target raised by analysts at Robert W. Baird from $50.00 to $60.00. They now have a "neutral" rating on the stock.MarketBeat
- Calculating The Intrinsic Value Of Construction Partners, Inc. (NASDAQ:ROAD) [Yahoo! Finance]Yahoo! Finance
- Construction Partners: No Longer A Road To Riches [Seeking Alpha]Seeking Alpha
- Construction Partners, Inc. Completes Georgia Acquisition [Yahoo! Finance]Yahoo! Finance
- Construction Partners, Inc. Completes Georgia AcquisitionPR Newswire
ROAD
Earnings
- 5/10/24 - Beat
ROAD
Sec Filings
- 5/20/24 - Form 4
- 5/20/24 - Form 144
- 5/20/24 - Form 144
- ROAD's page on the SEC website