Southland Q1 revenue down 17% to $239.5M; net loss widens to $4.6M

Southland Holdings, Inc.

2025-Q1 EPS reported -$0.08 revenue$239,486,000

Revenue of $239.5M, down from $288.1M in Q1 2024; gross margin improved to 9.0% from 7.1%.
Net loss attributable to stockholders was $4.6M ($0.08/sh) vs $0.4M loss ($0.01/sh) a year ago.
EBITDA of $10.1M declined from $10.9M in prior-year quarter.
Backlog remains strong at $2.47 billion, providing forward revenue visibility.

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