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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.
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Construction Partners, Inc. informa un aumento del 16 % en los ingresos a 396,5 millones de dólares, una cartera de pedidos récord de 1,62 mil millones de dólares en el primer trimestre del año fiscal 24.