Quarterly ResultJun 4, 2026, 05:12 PM
Concrete Pumping Holdings Reports Q2 Profit; Acquires Templant
AI Summary
Concrete Pumping Holdings, Inc. (BBCP) filed its quarterly report on Form 10-Q for the period ended April 30, 2026. The company reported a significant increase in revenue and a return to net income for the three-month period compared to the prior year. For the first six months of fiscal year 2026, revenue also saw an increase, and the company significantly reduced its net loss. A key strategic development during the quarter was the acquisition of Templant Hire Limited in the U.K., marking an expansion into the temporary power market. The balance sheet shows an increase in total assets and liabilities, with a slight decrease in total stockholders' equity.
Key Highlights
- Concrete Pumping Holdings, Inc. reported revenue of $106.8 million for the three months ended April 30, 2026, an increase from $93.96 million in the prior year period.
- Net income for the three months ended April 30, 2026, was $2.55 million, or $0.04 per diluted share, compared to a net loss of $0.004 million, or ($0.01) per diluted share, in the prior year period.
- For the six months ended April 30, 2026, revenue was $197.36 million, up from $180.40 million in the same period last year.
- Net income for the six months ended April 30, 2026, was $0.106 million, or ($0.02) per diluted share, compared to a net loss of $2.64 million, or ($0.07) per diluted share, in the prior year period.
- The company acquired Templant Hire Limited for $11.1 million in April 2026, expanding into the U.K. temporary power market.
- Total assets increased to $898.04 million as of April 30, 2026, from $879.54 million as of October 31, 2025.
- Total liabilities increased to $610.40 million as of April 30, 2026, from $589.75 million as of October 31, 2025.
- Total stockholders' equity decreased to $262.64 million as of April 30, 2026, from $264.79 million as of October 31, 2025.
Price Impact
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