secwatch.observer — SEC 8-K summary
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Issuer:     Construction Partners, Inc. (ROAD)
CIK:        0001718227
Form:       8-K
Filed at:   2024-02-09T23:59:59+00:00
Accession:  0001718227-24-000010
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Construction Partners Q1 revenue $396.5M (+16%), net income $9.8M ($0.19 EPS), record backlog $1.62B
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- Net income $9.8M vs $1.9M YoY; diluted EPS $0.19 vs $0.04.
- Adjusted EBITDA $40.9M, up 50% from $27.2M in Q1 FY23.
- Revenue growth 16% to $396.5M; ~7.3% organic, ~8.7% from acquisitions.
- Backlog record $1.62B at Dec 31, 2023 vs $1.47B a year ago.
- FY2024 outlook maintained: revenue $1.75-1.825B, net income $63-70M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1718227/000171822724000010/0001718227-24-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1718227/000171822724000010/road-20240209.htm
  HTML page:      https://secwatch.observer/filing/0001718227-24-000010

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