secwatch.observer — SEC 8-K summary
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Issuer:     Construction Partners, Inc. (ROAD)
CIK:        0001718227
Form:       8-K
Filed at:   2023-11-29T23:59:59+00:00
Accession:  0001718227-23-000079
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Construction Partners FY2023 revenue $1.56B (+20%), net income +129%, backlog $1.6B
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- Q4 revenue $475M (+21%), net income $30.9M (+136%), adjusted EBITDA $69.5M (+76%).
- FY2023 net income $49.0M (+129%), adjusted EBITDA $174.1M (+57%), margin 11.1%.
- Record project backlog $1.60B at Sep 30, 2023, up from $1.41B a year ago.
- Management maintains FY2024 outlook for further revenue growth and margin expansion.
- Gross profit improved to $196.4M (+41%) on stable cost environment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1718227/000171822723000079/0001718227-23-000079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1718227/000171822723000079/road-20231129.htm
  HTML page:      https://secwatch.observer/filing/0001718227-23-000079

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