Southland Holdings Q2 2023: revenue $257M (-5.9% YoY), net loss $13M vs $19M profit

Southland Holdings, Inc.

2023-Q2 EPS reported -$0.38 revenue$531,756,000

Revenue $257M, down 5.9% YoY from $273M in Q2 2022.
Gross loss $34M vs gross profit $38M; net loss $13M ($0.27/sh) vs net income $19M.
Adjusted EBITDA negative $42M vs positive $35M in Q2 2022.
Backlog rose 36% to $2.7B; positive operating cash flow of $24M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Southland Holdings, Inc. reported quarter ended June 30, 2023 results: revenue $257 million, net income Net loss attributable to stockholders of $13 million, or $(0.27) per share, EPS $(0.27) per share.

Period: quarter ended June 30, 2023
Revenue: $257 million
Net income: Net loss attributable to stockholders of $13 million, or $(0.27) per share
EPS: $(0.27) per share
Result: reported results

Exact text from the filing

SLND WS) (“Southland”), a leading provider of specialized infrastructure construction services, today announced financial results for quarter ended June 30, 2023. ● Revenue of $257 million for the quarter ended June 30, 2023, down 5.9% from $273 million for the quarter ended June 30, 2022. ● Gross loss of $34 million for the quarter ended June 30, 2023, compared

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Source: SEC EDGAR

accession 0001829126-23-005425

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