Construction Partners, Inc. (ROAD) Tops Q3 EPS by 6c, Revenues Beat

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Construction Partners Announces FY 2018 Third Quarter Results

August 9, 2018 4:15 PM EDT

DOTHAN, Ala., Aug. 09, 2018 (GLOBE NEWSWIRE) -- Construction Partners, Inc. (NASDAQ: ROAD) (CPI or the Company), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today reported financial and operating results for its fiscal 2018 third quarter ended June 30, 2018.

 Highlights 3Q FY 2018 vs. 3Q FY 2017

Revenue was $195.1 million, up 32%Gross profit was $29.5 million, up 23%Net income was $13.4 million, up 109%Diluted earnings per share were $0.29, up 93%Adjusted EBITDA(1) was $22.7 million, up 29%Backlog... More