Concrete Pumping Holdings Reports Q1 Revenue of $90.56M
Reports Q1 revenue $90.56M, consensus $84.82M. "This was a strong start to the year for Concrete Pumping Holdings, with revenue increasing 5% and Adjusted EBITDA growing 6% year over year," said Bruce Young, CEO of Concrete Pumping Holdings. "We were particularly encouraged by a return to growth in our U.S. Concrete Pumping operations, which delivered 5% year-over-year revenue growth, alongside another solid quarter of free cash flow generation. While it is still early in the year, the quarter reinforced what we continue to emphasize-disciplined cost management, improved fleet efficiency, and the operating leverage and scale advantages of our platform. We remain focused on executing our strategy and positioning the business for sustained growth as market conditions continue to evolve."