Construction Partners, Inc. (ROAD) Reports In-Line Q1 EPS; Offers 2022 Revenue Guidance
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Construction Partners, Inc. Announces Fiscal 2022 First Quarter Results
February 4, 2022 7:30 AM ESTDOTHAN, Ala., Feb. 4, 2022 /PRNewswire/ --Â Construction Partners, Inc. (NASDAQ: ROAD) ("CPI" or the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today reported financial and operating results for the fiscal first quarter ended December 31, 2021.
Key Metrics:Â Q1 Fiscal 2022 Compared to Q1 Fiscal 2021
Revenue was $285.0 million, up 49.3% compared to Q1'21 Gross profit was $33.0 million, up 7.7% compared to Q1'21 Net income was $5.5 million, down 30.0% compared to Q1'21 Adjusted EBITDA (1) was $26.4 million, up... More