---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-23-003441"
form_type: "8-K"
ticker: "SLND"
cik: "0001883814"
company_name: "Southland Holdings, Inc."
filed_at: "2023-05-15T23:59:59+00:00"
generated_at: "2026-06-15T01:40:13.704294+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Southland Holdings Q1 revenue up 6% to $275M; adjusted EBITDA $12.7M vs $1.4M

## Summary
- Revenue $275M (+6% YoY); operating income $3.4M vs loss of $9.4M last year.
- Net loss narrowed to $4.7M from $13.6M; adjusted net loss $1.5M (-$0.03/share).
- Adjusted EBITDA of $12.7M, up from $1.4M in Q1 2022.
- Backlog $2.9B (+43% YoY); new awards $170M vs $41M.

## SEC filing metadata
- accession: 0001829126-23-003441
- form_type: 8-K
- ticker: SLND
- cik: 0001883814
- company_name: Southland Holdings, Inc.
- filed_at: 2023-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1883814/000182912623003441/0001829126-23-003441-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1883814/000182912623003441/southlandhold_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-23-003441
- JSON: https://secwatch.observer/filing/0001829126-23-003441.json
- Plain text: https://secwatch.observer/filing/0001829126-23-003441.txt

## Key facts
- Earnings Releases
  Southland Holdings, Inc. reported quarter ended March 31, 2023 results: revenue $275 million, net income $4.7 million.
  - Period: quarter ended March 31, 2023
  - Revenue: $275 million
  - Net income: $4.7 million
  - Result: reported results
  source text: today announced financial results for quarter ended March 31, 2023. ● Revenue increased to $275 million, up 6% from $258 million for the quarter ended March 31, 2022. ● Gross profit margin of 6.9%, compared to 1.9% for the quarter ended March 31, 2022. ● Operating income increased to $3.4 million, compared to an operating loss of $9.4 million for the quarter ended March 31, 2022. ● Net loss of $4.7 million, compared to a net loss of $13.6 million for the quarter ended March 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1883814/000182912623003441/0001829126-23-003441-index.htm

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