Concrete Pumping Holdings, Inc. WT EXP 080124 Price & Performance (BBCPW)

Concrete Pumping Holdings posted first quarter revenue of $86.4 million, down from $97.7 million a year earlier. Net loss narrowed to $2.6 million from $3.8 million, while adjusted EBITDA slipped to $17.0 million. The company’s liquidity improved, with $409.6 million available at quarter’s end.12

Concrete Pumping Holdings revised its fiscal 2024 guidance, projecting revenue between $420-$430 million and adjusted EBITDA of $108-$113 million. Q3 FY2024 revenue declined to $109.6 million, impacted by adverse weather and a slower commercial sector, though waste management operations continued to grow.31

In the first quarter of 2025, Concrete Pumping Holdings saw its U.S. Concrete Waste Management Services segment swing to a $224,000 profit, while U.S. Concrete Pumping stayed in the red. Waste management adjusted EBITDA grew 12%, contrasting with a 21% drop in concrete pumping profitability, showing shifting momentum within the company.12