Concrete Pumping Q3 FY2024 revenue drops 9% to $109.6M; EPS $0.13 vs $0.18

Concrete Pumping Holdings, Inc.

2024-Q3 EPS reported $0.10 revenue$314,390,000

Revenue $109.6M ($120.7M prior year); net income $7.6M ($10.3M).
Diluted EPS $0.13, down 28% from $0.18; net margin 6.9% vs 8.6%.
Adjusted EBITDA $31.6M (28.8% margin) vs $34.9M (28.9% margin) in Q3 FY2023.
CEO cites historic rainfall and high rates hurting U.S. Concrete Pumping; Waste Management grew double-digit.
Net debt $348.7M; available liquidity $236.3M as of July 31, 2024.

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