CONCRETE PUMPING DL-,0001

Concrete Pumping reported Q3 results with revenue ($116.8m) and adjusted EBITDA ($30.4m) beating expectations. The company raised its full-year guidance for revenue, adjusted EBITDA and free cash flow, and for the first time announced a regular quarterly dividend of $0.13 per share as well as an extended buyback authorization. Management and the CFO emphasized a target to reduce net debt; the news triggered a roughly 17% pre-market rise in the stock. » Więcej na de.investing.com

Concrete Pumping Holdings reported adjusted EPS of $0.09 and revenue of $116.8 million in the third quarter, both above consensus estimates. Adjusted EBITDA rose 13% to $30.4 million with a margin of 26%, and net leverage improved to around 3.6x. The company raised its full-year guidance for revenue, EBITDA and free cash flow and announced a quarterly dividend of $0.13; the stock rose sharply in after-hours trading. » Więcej na de.investing.com

Concrete Pumping Holdings rises sharply after surprisingly strong results and records a price increase of 42.72% within one month. The company strengthens its market leadership in concrete pumping and waste management in the US and expands its offering to include temporary power supply for data centers through two acquisitions. Demand from the data center sector and the expanded service portfolio support the growth outlook. » Więcej na finanzen.net