Construction Partners projects FY2023 revenue ~$1.55B, net income doubles; introduces FY2024 outlook

Construction Partners, Inc.

2023-FY EPS reported $0.94 revenue$1,563,548,000

Revenue expected $1.547B-$1.557B vs $1.30B in FY2022, up ~19% YoY.
Net income expected $44.8M-$47.0M, more than doubled from $21.4M.
Adjusted EBITDA expected $168M-$172M (10.9%-11.0% margin) vs $111.2M (8.5%).
Cash from operations $155M-$160M vs $16.5M; year-end cash ~$55M.
Company introduced fiscal 2024 outlook and held Analyst Day in NYC.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Construction Partners, Inc. reported fiscal year ended September 30, 2023 results: revenue $1.547 billion to 1.557 billion, net income $44.8 million to $47.0 million. Guidance initiated.

Period: fiscal year ended September 30, 2023
Revenue: $1.547 billion to 1.557 billion
Net income: $44.8 million to $47.0 million
Guidance: initiated
Result: preliminary results

Exact text from the filing

Day event either in person or through the webcast link on our website.” Preliminary Fiscal 2023 Financial Results Revenue in fiscal 2023 is expected to be in the range of $1.547 billion to 1.557 billion, compared to $1.30 billion in fiscal 2022. Net income in fiscal 2023 is expected to be in the range of $44.8 million to $47.0 million, compared to $21.4 million

View on SEC.gov

Browse all earnings releases →

Construction Partners, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-23-250401

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.