Concrete Pumping Holdings (BBCP) Reports In-Line Q4 EPS, Beats on Revenue; Offers FY23 Guidance
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Concrete Pumping Holdings Reports Strong Fourth Quarter and Fiscal Year 2022 Results, Provides Financial Outlook for Fiscal Year 2023
January 23, 2023 4:05 PM ESTDENVER, Jan. 23, 2023 (GLOBE NEWSWIRE) -- Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (the Company or CPH), a leading provider of concrete pumping and waste management services in the U.S. and U.K., reported financial results for the fourth quarter and fiscal year ended October 31, 2022.
Fourth Quarter Fiscal Year 2022 Highlights vs. Fourth Quarter of Fiscal Year 2021 (where applicable)
Revenue increased 31% to $114.9 million compared to $87.8 million.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.Net income attributable to... More