secwatch.observer — SEC 8-K summary
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Issuer:     Cardinal Infrastructure Group Inc. (CDNL)
CIK:        0002079999
Form:       8-K
Filed at:   2026-08-11T11:00:19+00:00
Accession:  0001193125-26-343397
Event type: earnings
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cardinal Infrastructure Q2 revenue up 114%, raises FY26 guidance, acquires Allied Paving
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- Record Q2 revenue of $226.9M, up 114% YoY; organic growth 64%.
- Q2 adjusted EBITDA $28.1M, up 43% YoY; YTD adjusted EBITDA $54.9M, up 60%.
- Backlog $866M as of June 30, up 35% YoY; FY26 revenue guidance raised to $880-900M.
- Acquired Allied Paving: $108M annual revenue at 20.3% adjusted EBITDA margin, 5.5x multiple.
- Third acquisition of 2026; accretive deal supports Atlanta market verticalization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2079999/000119312526343397/0001193125-26-343397-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2079999/000119312526343397/cdnl-20260811.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-343397

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