BBCP Q2 FY2024 revenue declines slightly to $107.1M; net income drops to $3.0M

Concrete Pumping Holdings, Inc.

2024-Q2 EPS reported -$0.03 revenue$204,773,000

Revenue $107.1M vs $107.8M YoY (-1%); net income $3.0M vs $5.6M (-46%).
Diluted EPS $0.05 vs $0.09; adjusted EBITDA $27.5M vs $28.8M, margin 25.7%.
U.S. Concrete Waste Management revenue +19% YoY; U.S. Concrete Pumping volumes declined due to interest rate sensitivity.
Infrastructure project revenue +14% YoY, driven by early federal/state funding from Infrastructure Act.

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