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Jul 31, 2023
CPH Q3 2023 Earnings Report
Reported strong Q3 2023 results with double-digit revenue growth.
Key Takeaways
Concrete Pumping Holdings reported a record-setting third quarter, driven by double-digit revenue growth in every segment. Revenue increased by 16% to $120.7 million, and adjusted EBITDA increased by 16% to $34.9 million.
Revenue increased 16% to $120.7 million compared to the prior year quarter.
Gross profit increased 18% to $49.5 million compared to the prior year quarter.
Net income was $10.3 million, compared to $13.0 million in the prior year quarter.
Adjusted EBITDA increased 16% to $34.9 million compared to the prior year quarter.
Revenue by Segment
Forward Guidance
The Company now expects fiscal year 2023 revenue of approximately $440.0 million, Adjusted EBITDA of approximately $125.0 million, and free cash flow of approximately $70.0 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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