secwatch.observer — SEC 8-K summary
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Issuer:     Construction Partners, Inc. (ROAD)
CIK:        0001718227
Form:       8-K
Filed at:   2023-05-05T23:59:59+00:00
Accession:  0001718227-23-000035
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Construction Partners Q2 revenue +33.5% to $324.9M, backlog record $1.52B, raises FY2023 outlook
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- Revenue $324.9M, up 33.5% YoY; net loss improved to $5.5M from $9.4M.
- Adjusted EBITDA $20.8M (+165.3%); gross profit $26.3M (+110.3%).
- Record backlog $1.52B at March 31, 2023, up from $1.28B YoY.
- Company raises FY2023 outlook ranges citing outperformance and robust demand.
- Organic revenue grew 17.1%; acquisitions contributed 16.4% of revenue.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1718227/000171822723000035/0001718227-23-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1718227/000171822723000035/road-20230505.htm
  HTML page:      https://secwatch.observer/filing/0001718227-23-000035

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer