Construction Partners, Inc. reports 16% revenue increase to $396.5M, record $1.62B backlog in Q1 FY24.

Construction Partners, Inc., a leading infrastructure and road construction firm in the Southeastern United States, reported strong financial results for the first quarter of fiscal year 2024. Revenue increased by 16% to $396.5 million, net income grew substantially to $9.8 million, and earnings per share (EPS) rose to $0.19. Adjusted EBITDA also saw a significant jump, reaching $40.9 million. The company's backlog reached a record $1.62 billion, indicating strong future revenue potential.

February 09, 2024
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