Arcosa reported a 10% increase in revenues to $490 million and a 12% increase in Adjusted EBITDA to $73 million. Free cash flow was $93.1 million, representing a 300% conversion of net income. The company also advanced its long-term vision with acquisitions in construction products and engineered structures.
Revenues increased 10% to $490.0 million.
Net income reached $31.2 million, with Adjusted Net Income at $33.3 million.
Diluted EPS was $0.64, and Adjusted Diluted EPS was $0.68, unchanged year-over-year.
Free cash flow was $93.1 million, representing a 300% conversion of net income.
Arcosa did not provide specific forward guidance in this earnings report.
Visualization of income flow from segment revenue to net income