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Concrete Pumping beat earnings estimates in Q1 2026 with $90.6M revenue, despite a loss per share, driven by strong U.S. demand and improved EBITDA.
Concrete Pumping (BBCP) reported first-quarter 2026 revenue of $90.6 million, a 5% increase driven by strong demand in U.S. commercial and infrastructure projects, including data centers, favorable weather, and pricing strength.
The company posted a GAAP loss of $0.06 per share, beating expectations, with adjusted EBITDA rising 6% to $18 million despite a slight decline in gross margin.
UK operations declined due to winter weather and weak demand.
The company maintained full-year 2026 guidance, with a $22 million accelerated capital expenditure plan underway to meet NOx emission standards.
It repurchased $4 million in shares, bringing cumulative buybacks to $35.5 million, and maintains $350 million in liquidity for investments and potential M&A.
Concrete Pumping superó las estimaciones de ganancias en el primer trimestre de 2026 con ingresos de $90.6M, a pesar de una pérdida por acción, impulsada por la fuerte demanda de Estados Unidos y la mejora del EBITDA.