secwatch.observer — SEC 8-K summary
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Issuer:     Southland Holdings, Inc. (SLND)
CIK:        0001883814
Form:       8-K
Filed at:   2024-03-04T23:59:59+00:00
Accession:  0001829126-24-001315
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Southland Q4 net loss $5.6M; revenue up 7%, backlog $2.83B
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- Q4 revenue $316.2M (+7% YoY); gross profit $21.1M vs $35.9M.
- Q4 net loss ($5.6M) / $(0.12) per share vs net income $19.5M prior year.
- Full-year 2023 revenue $1.2B (flat); net loss $19.3M ($0.41/share) vs net income $60.5M.
- Adjusted full-year net loss $38.7M ($0.82/share); EBITDA $9.1M Q4 vs $32.0M.
- New awards ~$600M in Q4; backlog $2.83B, up 12% from Sept 30, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1883814/000182912624001315/0001829126-24-001315-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1883814/000182912624001315/southlandhold_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-24-001315

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer