---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-23-005303"
form_type: "8-K"
ticker: "SLND"
cik: "0001883814"
company_name: "Southland Holdings, Inc."
filed_at: "2023-08-11T23:59:59+00:00"
generated_at: "2026-06-11T15:38:32.179074+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Southland reports preliminary Q2 2023 gross loss of $34M; legacy paving charges of $49M

## Summary
- Revenue $257M, gross loss $34M, positive operating cash flow $24M.
- Backlog $2.7B, with ~12% from legacy large-scale paving work.
- Unfavorable charges of ~$49M tied to winding down legacy asphalt/concrete paving.
- Sold various materials production assets in Q2 to reallocate to core operations.
- CEO disappointed; expects discontinuing large-scale materials production to benefit long term.

## SEC filing metadata
- accession: 0001829126-23-005303
- form_type: 8-K
- ticker: SLND
- cik: 0001883814
- company_name: Southland Holdings, Inc.
- filed_at: 2023-08-11T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1883814/000182912623005303/0001829126-23-005303-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1883814/000182912623005303/southlandhold_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-23-005303
- JSON: https://secwatch.observer/filing/0001829126-23-005303.json
- Plain text: https://secwatch.observer/filing/0001829126-23-005303.txt

## Key facts
- Earnings Releases
  Southland Holdings, Inc. reported the three months ended June 30, 2023 results: revenue $257 million.
  - Period: the three months ended June 30, 2023
  - Revenue: $257 million
  - Result: preliminary results
  source text: a leading provider of specialized infrastructure construction services, today announced preliminary financial results for the three months ended June 30, 2023. ● Revenue: $257 million ● Gross loss: $34 million ● Positive cash flow from operating activities: $24 million ● Backlog $2.7 billion Southland incurred significant unfavorable charges during the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1883814/000182912623005303/0001829126-23-005303-index.htm

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