Concrete Pumping Q1 Loss Narrows, Revenue Falls; Lowers Revenue Guidance

MT Newswires Live
03-12

Concrete Pumping (BBCP) reported fiscal Q1 net loss late Tuesday of $0.06 per diluted share, compared with a loss of $0.08 a year earlier.

Analysts polled by FactSet expected $0.01.

Revenue for the quarter ended Jan. 31 was $86.45 million, down from $97.71 million a year earlier.

Analysts surveyed by FactSet expected $91.1 million.

For fiscal 2025, the company said it now expects revenue of $400 million to $420 million, compared with $425 million to $445 million previously. Analysts expected $424.4 million.

The firm said it extended its share repurchase program to Dec. 31, 2026, from March 31, 2025. It had $15.1 million available for repurchase under its repurchase program at end-January.

The shares were over 4% lower in after-hours activity.

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