Southland Q3 revenue up 23% to $213M; net loss widens to $75.3M on $57M tax charge

Southland Holdings, Inc.

2025-Q3 EPS reported -$1.67 revenue$668,211,000

Revenue $213.3M vs $173.3M YoY; gross profit $3.3M vs ($51.1M) loss in prior year.
Net loss attributable to stockholders $75.3M ($1.39/share) vs $54.7M ($1.14/share) YoY.
Non-cash income tax expense of $57.2M from establishing valuation allowance on deferred tax assets increased loss.
EBITDA improved to ($3.5M) from ($58.7M); backlog remains strong at $2.26B.

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