US Concrete (USCR) Tops Q3 EPS by 39c
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U.S. Concrete Announces 2014 Third Quarter Results
November 6, 2014 6:00 AM ESTThird Quarter Highlights
Adjusted EBITDA increased 40.3% year-over-year, to $26.2 million Consolidated revenue increased 18.2%, to $197.6 million Ready-mixed concrete sales volume rose 9.1%, to approximately 1.6 million cubic yards Ready-mixed concrete average sales price improved 6.4%, to $111.15 per cubic yard Aggregate products sales volume rose 38.9%, to approximately 1.5 million tons Aggregate products average sales price improved 5.7%, to $9.39 per ton Gross profit increased $8.7 million with margin improvement of 150 basis pointsEULESS, Texas, Nov. 6, 2014 (GLOBE NEWSWIRE) -- U.S. Concrete, Inc. (Nasdaq: USCR) today reported adjusted EBITDA of $26.2... More
