BBCP - Concrete Pumping GAAP EPS of $0.14 beats by $0.01 revenue of $114.9M beats by $11.72M
- Concrete Pumping press release ( NASDAQ: BBCP ): Q4 GAAP EPS of $0.14 beats by $0.01 .
- Revenue of $114.9M (+30.9% Y/Y) beats by $11.72M .
- Gross profit increased 30% to $48.6 million compared to $37.3 million.
- Income from operations increased 56% to $18.3 million compared to $11.7 million.
- Adjusted EBITDA 1 increased 28% to $36.3 million compared to $28.3 million, with Adjusted EBITDA margin 1 at 31.6% compared to 32.2%.
- Amounts outstanding under debt agreements were $427.1 million with net debt 1 of $419.7 million. Total available liquidity was $111.2 million as of October 31, 2022, compared to $134.1 million as of July 31, 2022. The decrease in liquidity was driven by the purchase of Coastal Concrete Pumping in August 2022.
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Concrete Pumping GAAP EPS of $0.14 beats by $0.01, revenue of $114.9M beats by $11.72M