earnings
confidence high
sentiment negative
materiality 0.95
Southland Q4 net loss $216M; full-year loss $306.5M on $772M revenue
Southland Holdings, Inc.
- Revenue $104.0M in Q4 vs $267.3M prior year; full-year $772.2M vs $980.2M.
- Gross loss of $193.4M in Q4 (vs $7.7M gross profit); annual gross loss $155.3M (vs $63.0M).
- Net loss attributable to stockholders $216.4M ($4.00/share) in Q4 vs $4.2M loss; annual loss $306.5M ($5.67/share) vs $105.4M.
- EBITDA of $(202.2)M in Q4 vs $(2.7)M; full-year EBITDA $(191.4)M vs $(100.4)M.
- CEO Frank Renda: launching strategic plan; $118M project awards led by data center; surety support for financial flexibility.
item 2.02item 9.01