Concrete Pumping Q1 revenue $93.6M (+10%); diluted EPS $0.11 vs $0.01; net income $6.5M

Concrete Pumping Holdings, Inc.

2023-Q1 EPS reported $0.11 revenue$93,575,000

Revenue $93.6M (+10% YoY); gross profit $36.5M (+7%); income from operations $9.4M (+27%).
Net income $6.5M vs $1.2M; diluted EPS $0.11 vs $0.01; adjusted EBITDA $25.0M (+7%).
U.S. concrete pumping and Eco-Pan (revenue +32%) drove growth; U.K. organic revenue improved.
Acquired Cherokee Pumping assets in Atlanta for $6.3M to expand geographic footprint.

item 2.02 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

Concrete Pumping Holdings, Inc. reported first quarter ended January 31, 2023 results: revenue $93.6 million, net income $6.0 million, EPS $0.11 per diluted share.

Period: first quarter ended January 31, 2023
Revenue: $93.6 million
Net income: $6.0 million
EPS: $0.11 per diluted share
Result: reported results

Exact text from the filing

● Revenue increased 10% to $93.6 million compared to $85.4 million. ● Gross profit increased 7% to $36.5 million compared to $34.1 million. ● Income from operations increased 27% to $9.4 million compared to $7.4 million. ● Net income increased to $6.5 million compared to $1.2 million. ● Net income attributable to common shareholders increased to $6.0 million or $0.11 per diluted share, compared to $0.7 million or $0.01 per diluted share.

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Source: SEC EDGAR

accession 0001437749-23-005967

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