Southland Q1 revenue up 5% to $288.1M; net loss narrows to $0.4M

Southland Holdings, Inc.

2024-Q1 EPS reported -$0.01 revenue$288,097,000

Revenue of $288.1M for Q1 2024, up 5% from $274.8M in Q1 2023.
Net loss attributable to stockholders of $0.4M ($0.01/share) vs $4.7M loss ($0.11/share) a year ago.
Adjusted EBITDA of $10.9M compared to $12.7M in the prior-year quarter.
Backlog of $2.64B, down from $2.83B as of December 31, 2023.
Gross profit rose to $20.4M from $18.9M in Q1 2023.

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 the quarter ended March 31, 2024 results: revenue $288.1 million, net income Net loss attributable to stockholders of $0.4 million, EPS $(0.01) per share.

Period: the quarter ended March 31, 2024
Revenue: $288.1 million
Net income: Net loss attributable to stockholders of $0.4 million
EPS: $(0.01) per share
Result: reported results

Exact text from the filing

WS) (“Southland”), a leading provider of specialized infrastructure construction services, today announced financial results for the quarter ended March 31, 2024. ● Revenue of $288.1 million for the quarter ended March 31, 2024, up 5% from $274.8 million for the quarter ended March 31, 2023. ● Gross profit of $20.4 million for the quarter ended March 31, 2024,

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Source: SEC EDGAR

accession 0001829126-24-003279

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