Concrete Pumping Holdings, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended October 31, 2023
January 11, 2024 at 04:14 pm EST
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Concrete Pumping Holdings, Inc. reported earnings results for the fourth quarter and full year ended October 31, 2023. For the fourth quarter, the company reported sales was USD 120.2 million compared to USD 114.89 million a year ago. Net income was USD 9.39 million compared to USD 8.53 million a year ago. Basic earnings per share from continuing operations was USD 0.16 compared to USD 0.14 a year ago. Diluted earnings per share from continuing operations was USD 0.16 compared to USD 0.14 a year ago.
For the full year, sales was USD 442.24 million compared to USD 401.29 million a year ago. Net income was USD 31.79 million compared to USD 28.68 million a year ago. Basic earnings per share from continuing operations was USD 0.54 compared to USD 0.48 a year ago. Diluted earnings per share from continuing operations was USD 0.54 compared to USD 0.47 a year ago.
Concrete Pumping Holdings, Inc. is a provider of concrete pumping services and concrete waste management services. The Companyâs segments include U.S. Concrete Pumping, U.K. Operations, U.S. Concrete Waste Management Services, and Corporate. The U.S. Concrete Pumping core business is the provision of concrete pumping services to general contractors and concrete finishing companies in the commercial, infrastructure and residential sectors. This segment has 100 branch locations across 20 states with their corporate headquarters in Denver, Colorado. The U.S. Concrete Waste Management Services segment consists of its U.S. based Eco-Pan business. Eco-Pan provides industrial cleanup and containment services, primarily to customers in the construction industry. Eco-Pan uses containment pans specifically designed to hold waste products from concrete and other industrial cleanup operations. The U.K. Operations segment consists of its Camfaud, Premier and United Kingdom-based Eco-Pan businesses.
CONCRETE PUMPING HOLDINGS, INC. 
