06:12 AM EDT, 03/20/2025 (MT Newswires) -- North American Construction Group ( NOA ) late on Wednesday reported that its net income fell in the fourth quarter and missed analysts' estimates.

Net income dropped to $4.8 million, or $0.19 per share, from $17.6 million, or $0.58 per share. Analysts polled by FactSet expected earnings per share of $1.03. Revenue declined to $305.6 million, down from $328.3 million. Analysts polled by FactSet expected revenue of $302.2 million.

Adjusted EBITDA, however, rose to $103.7 million from $101.1 million.

The company expects combined revenue for 2025 at $1.4 billion to $1.6 billion, compared with 2024 actual revenue of $1.4 billion.

NOA's share price at last look gained 1.1% to US$17.59 in U.S. pre-market trading on Thursday.