secwatch.observer — SEC 8-K summary
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Issuer:     Arcosa, Inc. (ACA)
CIK:        0001739445
Form:       8-K
Filed at:   2023-03-09T23:59:59+00:00
Accession:  0001739445-23-000041
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arcosa updates 2023 guidance: revenue $2.15B-$2.25B, adj. EBITDA $310M-$340M
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- Revenue $2.24B in FY2022; adj. EBITDA $325M, up 15% YoY; adj. net income $106.8M.
- 2023 revenue guidance $2.15B-$2.25B; adj. EBITDA $310M-$340M; includes ~$22M Q1 land sale gain.
- Completed sale of storage tanks for $275M in Oct 2022; proceeds to fund growth in Construction Products.
- Growth businesses (Construction Products, Eng. Structures ex-wind) achieved 39% CAGR in adj. EBITDA since 2018.
- Leverage at 1.2x net debt/Adjusted EBITDA post divestiture.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1739445/000173944523000041/0001739445-23-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1739445/000173944523000041/aca-20230309.htm
  HTML page:      https://secwatch.observer/filing/0001739445-23-000041

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