Concrete Pumping Holdings Reports Strong First Quarter Fiscal Year 2026 Results

About this update from Concrete Pumping Holdings, Inc.

- Revenue up 5% to $90.6 Million with a 29% Increase in Income from Operations -- Adjusted EBITDA up 6% to $18.0 Million - DENVER, March 10, 2026 (GLOBE NEWSWIRE) -- Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (the "Company" or "CPH"), a leading provider of concrete pumping and waste management services in the U.S. and U.K., reported financial results for the first quarter ended January 31, 2026. First Quarter Fiscal Year 2026 Summary vs. First Quarter of Fiscal Year 2025 (where applicable) ●Revenue up 5% to $90.6 million compared to $86.4 million. ●Gross profit up 2% to $32.0 million compared to $31.2 million. ●Income from operations up 29% to $4.5 million compared to $3.5 million. ●Net loss of $2.4 million compared to a net loss of $2.6 million. ●Net loss attributable to common shareholders was $2.9 million, or $(0.06) per diluted share, compared to a net loss of $3.1 million, or $(0.06) per diluted share. ●Adjusted EBITDA1 up 6% to $18.0 million compared to $17.0 million, with Adjusted EBITDA margin1 of 19.9% compared to 19.7%. ●Amounts outstanding under debt agreements were $425.0 million with net debt1 of $372.0 million. Total available liquidity at quarter end was $350.3 million compared to $409.6 million one year ago. ●Leverage ratio1 at quarter end of 3.8x. Management Commentary "This was a strong start to the year for Concrete Pumping Holdings, with revenue increasing 5% and Adjusted EBITDA growing 6% year over year," said Bruce Young, CEO of Concrete Pumping Holdings. "We were particularly encouraged by a return to growth in our U.S. Concrete Pumping operations, which delivered 5% year-over-year revenue growth, alongside another solid quarter of free cash flow generation. While it is still early in the year, the quarter reinforced what we continue to emphasize—disciplined cost management, improved fleet efficiency, and the operating leverage and scale advantages of our platform. We remain focused on executing our strategy and positioning the business for sustained growth as market conditions continue to evolve." _____________1 Adjusted EBITDA, Adjusted EBITDA margin, net debt and leverage ratio are financial measures that are not calculated in accordance with accounting principles generally accepted in the United States of America ("GAAP"). See "Non-GAAP Financial Measures" below for a discussion of the non-GAAP financial measures used in thi...

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