Construction Partners, Inc. (ROAD) Misses Q4 EPS by 1c, Revenues Beat; Offers FY19 Revenue Outlook

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Construction Partners, Inc. Announces Fourth Quarter and Fiscal Year End 2018 Results

December 10, 2018 4:15 PM EST

Reports Record Fiscal Year Revenue, Net Income and Adjusted EBITDA Provides FY 2019 Outlook

DOTHAN, Ala., Dec. 10, 2018 (GLOBE NEWSWIRE) -- Construction Partners, Inc. (NASDAQ: ROAD) (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 fourth quarter and fiscal year ended September 30, 2018.

Fiscal Year 2018 Highlights Compared to Fiscal Year 2017

Revenue was $680.1 million, up 20%Gross profit was $99.5 million, up 9%Net income was $50.8 million, up... More