Construction Partners swings to $3.1M loss on Lone Star costs; raises FY25 outlook
Construction Partners reported fiscal first-quarter results for the period ended December 31, 2024. Revenue rose 41.6% to $561.6 million, but the company posted a net loss of $3.1 million, or $0.06 per diluted share, after $19.6 million of acquisition-related expenses, compared with net income of $9.8 million, or $0.19 per share, a year earlier. The company said it is raising its fiscal 2025 outlook.
Key points
- Revenue was $561.6 million, up from $396.5 million; about 11.2 percent of the growth was organic and about 30.4 percent came from recent acquisitions.
- Net loss was $3.1 million, or $0.06 per diluted share, versus net income of $9.8 million, or $0.19 per diluted share, a year earlier.
- Adjusted net income, a non-GAAP measure, was $13.3 million, or $0.25 per diluted share.
- Fiscal 2025 revenue outlook is $2.66 billion to $2.74 billion; Adjusted EBITDA outlook is $375.0 million to $400.0 million.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:00 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 07, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.