Concrete Pumping Holdings, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended October 31, 2022
January 24, 2023 at 02:38 am IST
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Concrete Pumping Holdings, Inc. reported earnings results for the fourth quarter and full year ended October 31, 2022. For the fourth quarter, the company reported sales was USD 114.89 million compared to USD 87.75 million a year ago. Net income was USD 8.53 million compared to USD 3.43 million a year ago. Basic earnings per share from continuing operations was USD 0.14 compared to USD 0.05 a year ago. Diluted earnings per share from continuing operations was USD 0.14 compared to USD 0.05 a year ago.
For the full year, sales was USD 401.29 million compared to USD 315.81 million a year ago. Net income was USD 28.68 million compared to net loss of USD 15.07 million a year ago. Basic earnings per share from continuing operations was USD 0.48 compared to basic loss per share from continuing operations of USD 0.31 a year ago. Diluted earnings per share from continuing operations was USD 0.47 compared to diluted loss per share from continuing operations of USD 0.31 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. 
