US Concrete (USCR) Tops Q1 EPS by 22c

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U.S. Concrete Announces First Quarter 2020 Results

May 5, 2020 5:55 AM EDT

EULESS, Texas, May 5, 2020 /PRNewswire/ -- U.S. Concrete, Inc. (NASDAQ: USCR), a leading producer of construction materials in select major markets across the United States, today reported results for the quarter ended March 31, 2020.

FIRST QUARTER 2020 RESULTS COMPARED TO FIRST QUARTER 2019(1)

Consolidated revenue increased 0.4% to $334.4 million Ready-mixed concrete revenue increased 0.6% to $292.2 million Aggregate products revenue increased 1.6% to $43.6 million Aggregate products sales volume increased 5.4% to 2.6 million tons Net loss was $2.8 million compared to $2.6 million Total Adjusted EBITDA(2) was $34.2 million... More