secwatch.observer — SEC 8-K summary
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Issuer:     Construction Partners, Inc. (ROAD)
CIK:        0001718227
Form:       8-K
Filed at:   2022-11-22T23:59:59+00:00
Accession:  0001718227-22-000101
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Construction Partners Reports Fiscal 2022 Results and Acquires Three Asphalt Plants in Nashville Metro Area
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- Revenue for fiscal 2022 increased 43% to $1.30 billion compared to fiscal 2021.
- Net income rose 5.9% to $21.4 million, and Adjusted EBITDA grew 22.7% to $111.2 million.
- Project backlog reached a record $1.41 billion at September 30, 2022, up from $966 million a year earlier.
- Acquired three hot-mix asphalt plants in Nashville, TN metro area from Blue Water Industries as a bolt-on acquisition.
- Company also transferred its Daurity Springs Quarry in North Carolina to Blue Water Industries while retaining aggregate sourcing rights.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1718227/000171822722000101/0001718227-22-000101-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1718227/000171822722000101/road-20221117.htm
  HTML page:      https://secwatch.observer/filing/0001718227-22-000101

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