Concrete Pumping Holdings Inc (BBCP)
| Sector • Capital Goods Industry • Professional Services |
| Industry • Professional Services |
| Sector • Capital Goods |
The markets are very impressed with the rise in revenue at the company in the fiscal first quarter of 2023
company delivered first quarter of 2023 operating profit of $9.413 million
Published 2023-03-23T18:24:14+00:00
Goran Soko / CSIMarket.com Contributer
![Annual_Reception__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Common](../news/img/services/Kundeservice1_By_HLundgaard_(Own_work)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Common.jpg "Annual_Reception__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Common")
Concrete Pumping Holdings Inc saw eps growth of 1000 % to $0.11 in the fiscal span ending January 31 2023, Revenue increased by 9.511 % to $93.58 million in comparison to $85.45 million in the prior year reporting season.Relative to the previous reporting season income faded by -24.75 % from $0.15 per share and revenue fell by -18.555 % from $114.89 million.
Bottom-line of $6.475 million in the fiscal span ending January 31 2023 increased by 447.34 % from net earnings of $1.183 million reported in the fiscal span ending January 31 2023 a year ago. Concrete Pumping Holdings Inc also emphasized it's improving profit margins, where net margin rose to 6.92% in fiscal span ending January 31 2023, and operating margin edged up to 10.06%.
Operating earnings, on the other hand, improved just 27.46% to $9.413 million.
Concrete Pumping Holdings Inc is expected to report next financial results on June 06, 2023.