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Concrete Pumping Swings to Fiscal Q2 Loss, Revenue Falls; FY Revenue Guidance Cut; Shares Drop
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Concrete Pumping Swings to Fiscal Q2 Loss, Revenue Falls; FY Revenue Guidance Cut; Shares Drop
Jun 5, 2025 2:23 PM

05:05 PM EDT, 06/05/2025 (MT Newswires) -- Concrete Pumping ( BBCP ) reported a fiscal Q2 loss late Thursday of $0.01 per diluted share, compared with earnings of $0.05 a year earlier.

Three analysts polled by FactSet expected earnings of $0.05.

Revenue in the three months ended April 30 fell to $94 million from $107.1 million a year earlier.

Three analysts surveyed by FactSet projected $98.5 million.

The company cut full-year revenue guidance to the range of $380 million to $390 million from $400 million to $420 million. Three analysts polled by FactSet expect $409.4 million.

The company's board boosted the stock buyback program by $15 million, increasing the available repurchase amount to $24.2 million.

The company's stock fell 10% in after-hours trading.

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