{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-23-007328","form_type":"8-K","ticker":"SLND","cik":"0001883814","company_name":"Southland Holdings, Inc.","filed_at":"2023-11-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.282484+00:00","generated_at":"2026-06-08T05:40:18.456292+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Southland Q3 revenue down 6.8% to $312M; net income plummets to $3.8M from $35.2M YoY","bullets":["Q3 revenue $312M vs $335M prior year; gross profit margin fell from 18.6% to 9.5%.","Net income attributable to stockholders $3.8M ($0.08 EPS) vs $35.2M in Q3 2022.","EBITDA dropped to $22M from $60M YoY; Transportation segment gross profit fell to $17M from $53M.","Backlog rose 7% to $2.54B; nine-month net loss attributable to stockholders $13.7M.","Management cites lower margin legacy projects and expects IIJA-funded opportunities in 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-23-007328","json":"https://secwatch.observer/filing/0001829126-23-007328.json","markdown":"https://secwatch.observer/filing/0001829126-23-007328.md","text":"https://secwatch.observer/filing/0001829126-23-007328.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1883814/000182912623007328/0001829126-23-007328-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1883814/000182912623007328/southlandhold_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T05:40:18.456292+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"05a6f25645a3eca36767d6dc541ae15a7721acaa","claim":"Southland Holdings, Inc. reported the quarter ended September 30, 2023 results: revenue $312 million, net income $4 million, EPS $0.08 per diluted share.","evidence_excerpt":"announced financial results for quarter ended September 30, 2023. ● Revenue of $312 million for the quarter ended September 30, 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1883814/000182912623007328/0001829126-23-007328-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended September 30, 2023"},{"label":"Revenue","value":"$312 million"},{"label":"Net income","value":"$4 million"},{"label":"EPS","value":"$0.08 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"1ae3c1b523ff3412e87102a7ffed7a8cf999c470","claim":"Southland Holdings, Inc. reported the nine months ended September 30, 2023 results: revenue $844.2 million, net income loss of $13.7 million, EPS ($0.29) per diluted share.","evidence_excerpt":"Revenue for the nine months ended September 30, 2023 was $844.2 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1883814/000182912623007328/0001829126-23-007328-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the nine months ended September 30, 2023"},{"label":"Revenue","value":"$844.2 million"},{"label":"Net income","value":"loss of $13.7 million"},{"label":"EPS","value":"($0.29) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}