---
schema_version: "secwatch.filing_event.v1"
accession: "0001718227-23-000052"
form_type: "8-K"
ticker: "ROAD"
cik: "0001718227"
company_name: "Construction Partners, Inc."
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T14:09:56.239839+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CPI reports record Q3 revenue of $421.9M, net income up 78%; acquires SC plant, opens GA greenfield

## Summary
- Revenue $421.9M (+11% YoY); net income $21.7M (+78%); Adjusted EBITDA $56.4M (+50%).
- Adjusted EBITDA margin 13.4% vs 9.9% year ago; backlog record $1.59B.
- FY2023 outlook narrowed revenue range, raised net income and Adjusted EBITDA ranges.
- Acquired hot-mix asphalt plant in Myrtle Beach, SC from C.R. Jackson, Inc.
- Opened new greenfield plant in Waycross, GA, expanding southeast market presence.

## SEC filing metadata
- accession: 0001718227-23-000052
- form_type: 8-K
- ticker: ROAD
- cik: 0001718227
- company_name: Construction Partners, Inc.
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1718227/000171822723000052/0001718227-23-000052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1718227/000171822723000052/road-20230801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001718227-23-000052
- JSON: https://secwatch.observer/filing/0001718227-23-000052.json
- Plain text: https://secwatch.observer/filing/0001718227-23-000052.txt

## Key facts
- Earnings Releases
  Construction Partners, Inc. reported the fiscal quarter ended June 30, 2023 results: revenue $421.9 million, net income $21.7 million. Guidance raised.
  - Period: the fiscal quarter ended June 30, 2023
  - Revenue: $421.9 million
  - Net income: $21.7 million
  - Guidance: raised
  - Result: reported results
  source text: revenue and operate in a more stable cost environment. All of these factors continue to support our bullish outlook for near- and long-term profitable growth.” Revenues were $421.9 million in the third quarter of fiscal 2023, an increase of 11% compared to $380.3 million in the same quarter last year. Excluding the impact of approximately $10 million of additional
  evidence_url: https://www.sec.gov/Archives/edgar/data/1718227/000171822723000052/0001718227-23-000052-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.