ACA - Arcosa Non-GAAP EPS of $0.83 beats by $0.37 revenue of $602.8M beats by $55.67M

• Arcosa press release ( NYSE: ACA ): Q2 Non-GAAP EPS of $0.83 beats by $0.37 .
• Revenue of $602.8M (+17.0% Y/Y) beats by $55.67M .
• Adjusted EBITDA of $99.2 million, up 26%, and Adjusted EBITDA Margin of 16.5%
• Operating cash flow of $86.7 million; Free Cash Flow of $59.7 million, with free cash flow conversion of 153%.
• 2022 Outlook: Adjusted its Revenue guidance range to $2.2 billion to $2.3 billion, from its prior guidance range of $2.1 billion to $2.2 billion.
• Revised its Adjusted EBITDA guidance range to $325 million to $345 million, from its prior guidance range of $290 million to $305 million.
• Guidance includes full year revenues of approximately $245 million to $255 million and full year Adjusted EBITDA of $52 million to $55 million from the storage tanks business, the sale of which is expected to close in the second half of 2022

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