Concrete Pumping Holdings, Inc. WT EXP 080124 - BBCPW STOCK NEWS

Concrete Pumping Holdings (Nasdaq: BBCP) reported Q3 FY2024 results with revenue of $109.6 million, down from $120.7 million in Q3 FY2023. Net income decreased to $7.6 million from $10.3 million. Adjusted EBITDA was $31.6 million with a 28.8% margin. The company faced challenges in its U.S. Concrete Pumping segment due to weather issues and a slowdown in commercial construction, while the Concrete Waste Management Services segment showed strong growth. CPH updated its FY2024 outlook, expecting revenue between $420-$430 million and Adjusted EBITDA of $108-$113 million. The company maintains a strong financial position with $236.3 million in available liquidity as of July 31, 2024.

Concrete Pumping Holdings (Nasdaq: BBCP), a leading provider of concrete pumping and waste management services in the U.S. and U.K., has announced its third quarter 2024 earnings conference call. The call is scheduled for Wednesday, September 4, 2024, at 5:00 p.m. Eastern Time. CEO Bruce Young and CFO Iain Humphries will host the call, which will be preceded by a press release detailing the company's financial results for the quarter ended July 31, 2024.

Investors can join the call using the toll-free number 1-877-407-9039 (US) or 1-201-689-8470 (International), with the Conference ID: 13748082. The call will also be broadcast live and available for replay on the company's website. A replay will be accessible until September 11, 2024, using the provided replay numbers and ID.

Concrete Pumping Holdings (NASDAQ: BBCP) released their Q2 FY 2024 financial results, showing revenue of $107.1 million, a slight decrease from $107.8 million in the same quarter last year.

Gross profit dropped to $41.8 million from $43.5 million, and net income fell to $3.0 million from $5.6 million. Adjusted EBITDA also decreased to $27.5 million from $28.8 million. The company noted a decline in its U.S. Concrete Pumping segment, attributed to delays in commercial work and adverse weather conditions, partially offset by growth in residential and infrastructure projects.

However, the U.S. Concrete Waste Management segment saw a 19% revenue growth. Total available liquidity increased to $216.9 million from $100.4 million. The company maintains an optimistic outlook for the remainder of the year despite market challenges.

Concrete Pumping Holdings (Nasdaq: BBCP), a top provider of concrete pumping and waste management services in the U.S. and U.K., has scheduled its second quarter 2024 earnings conference call for June 6, 2024, at 5:00 p.m. Eastern time. The call will be hosted by CEO Bruce Young and CFO Iain Humphries, with a press release detailing the financial results issued beforehand. Stakeholders can join the call using the provided toll-free and international dial-in numbers, and a replay will be available until June 13, 2024.

Concrete Pumping Holdings, Inc. (BBCP) announces a $15 million increase to share repurchase plan alongside financial results for the first quarter of fiscal year 2024. While revenue increased by 4% to $97.7 million, gross profit decreased by 9% to $33.3 million. Income from operations also saw a significant decrease, leading to a net loss of $3.8 million compared to a net income of $6.5 million in the previous year.

Concrete Pumping Holdings, Inc. (BBCP) will discuss its first-quarter financial results on March 7, 2024, in a conference call led by CEO Bruce Young and CFO Iain Humphries. The call will provide insights into the company's performance in the U.S. and U.K.

Concrete Pumping Holdings, a leading provider of concrete pumping and waste management services in the U.S. and U.K., reported financial results for the fourth quarter and fiscal year ended October 31, 2023 (Nasdaq: BBCP). Revenue increased 5% to $120.2 million, gross profit increased 1% to $48.9 million, and net income increased 10% to $9.4 million in the fourth quarter of fiscal year 2023. For fiscal year 2023, revenue increased 10% to $442.2 million, gross profit increased 9% to $178.3 million, and net income increased 12% to $30.0 million.

Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) will hold a conference call on January 11, 2024, at 5:00 p.m. Eastern time to discuss its financial results for the fourth quarter and fiscal year ended October 31, 2023. The call will be hosted by CEO Bruce Young and CFO Iain Humphries.

Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) announced the expiration of 13,017,677 warrants to acquire shares of its common stock, resulting in a cleaner, simpler capital structure and balance sheet. The company's listing on Nasdaq under the ticker symbol 'BBCP' remains unaffected.