Q: Please comment on earnings. Thank you!
5i Research Answer:
EPS of 67c matched estimates; revenue of $936.7M also matched. EBITDA of $71.9M beat estimates by 5%. Construction revenue rose 18% year over year. EPS rose 34% (GAAP accounting). Cash is $177M. EBITDA rose 64%. 2025 t0 2027 guidance plans were affirmed. EBITDA margins improved 1.3 points. Backlog is nice at $3.7B. We would consider these good numbers. The conference call has not yet occurred.