earnings
confidence high
sentiment positive
materiality 0.80
Southland Q3 revenue $335M (+6% YoY); operating income up 228% to $46.8M
Southland Holdings, Inc.
- Revenue $335.1M, up 6% from $315.4M in Q3 2021.
- Operating income $46.8M vs $14.3M; EBITDA $59.6M (+143%).
- Gross profit margin expanded to 19% from 9% in prior-year quarter.
- Backlog rose to $2.37B from $1.98B at June 30, 2022.
- Record new awards of $1.6B YTD, up 154% vs prior-year period.