Southland Announces Third Quarter 2025 Results

About this update from Southland Holdings, Inc.

[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":1059,"height":436,"url":"https://media.zenfs.com/en/business-wire.com/8c0067df0873a4da48925080e023e71b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/JeqwRYfo5gc.wSTN_LA1GA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTM5NTtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/8c0067df0873a4da48925080e023e71b","width":960,"height":395},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/KEG6ilnunvIjFYg3wMY1xA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMTg7aD04NzI7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/8c0067df0873a4da48925080e023e71b","width":1059,"height":436}},"lazy":false},{"type":"text","content":"GRAPEVINE, Texas, November 12, 2025--(BUSINESS WIRE)--Southland Holdings, Inc. (NYSE American: SLND and SLND WS) ("Southland"), a leading provider of specialized infrastructure construction services, today announced financial results for the quarter ended September 30, 2025.","length":285,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue of $213.3 million for the quarter ended September 30, 2025, compared to $173.3 million for the quarter ended September 30, 2024.","length":136,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Gross profit of $3.3 million for the quarter ended September 30, 2025, compared to gross loss of $51.1 million for the quarter ended September 30, 2024.","length":152,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Gross profit margin of 1.5% for the quarter ended September 30, 2025, compared to (29.5)% for the quarter ended September 30, 2024.","length":131,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Income tax expense of $57.2 million for the quarter ended September 30, 2025, primarily driven by a non-cash charge related to the establishment of a valuation allowance on deferred tax assets, compared to income tax benefit of $17.1 million for the quarter ended September 30, 2024. (1)","length":287,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net loss attributable to stockholders of $75.3 million, or $(1.39) per share for the quarter ended September 30, 2025, compared to a net loss attributable to stockholders of $54.7 million, or $(1.14) per share for the quarter ended...

More updates from Southland Holdings, Inc.