U.S. Concrete, Inc. (USCR) Reports Q2 EPS of $0.57

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U.S. Concrete Announces 2014 Second Quarter Results

August 7, 2014 6:00 AM EDT

Second Quarter Highlights

Adjusted EBITDA increased 32.5% year-over-year, to $22.2 million Consolidated revenue increased 14.6%, to $180.4 million Ready-mixed concrete sales volume rose 6.9%, to approximately 1.5 million cubic yards Ready-mixed concrete average sales price improved 7.4%, to $110.27 per cubic yard Aggregate products sales volume rose 20.9%, to approximately 1.2 million tons Aggregate products average sales price improved 7.3%, to $9.63 per ton Gross profit increased $5.7 million with margin improvement of 79 basis points

EULESS, Texas, Aug. 7, 2014 (GLOBE NEWSWIRE) -- U.S. Concrete, Inc. (Nasdaq: USCR) today reported adjusted EBITDA of $22.2 million... More