Arcosa, Inc. reported a revenue increase of 5.6% for the first quarter of 2025, totaling $632.0 million compared to $598.6 million in the same period of 2024. The growth was primarily driven by higher revenues in the Engineered Structures and Construction Products segments, which were partially offset by a decline in the Transportation Products segment due to the divestiture of the steel components business. Operating profit for the quarter rose to $55.8 million, up from $53.4 million a year earlier, reflecting improved performance in Engineered Structures and Transportation Products, despite a decrease in Construction Products.

The company’s net income for the first quarter of 2025 was $23.6 million, a decrease from $39.2 million in the prior year, resulting in earnings per share of $0.48, down from $0.81. The decline in net income was attributed to a significant increase in interest expenses, which rose to $28.3 million from $8.3 million, largely due to additional debt incurred for the acquisition of Stavola Holding Corporation in October 2024. Selling, general, and administrative expenses also increased by 6.7% to $73.7 million, reflecting costs associated with recent acquisitions.

Arcosa's operational developments included the successful integration of the Stavola acquisition, which contributed $26.4 million to revenues during the quarter. The company also reported a backlog of unsatisfied performance obligations of $1.1 billion in the Engineered Structures segment, indicating strong future revenue potential. The Transportation Products segment saw a backlog of $333.6 million for inland barges, up 19.1% from the start of the year, signaling a recovery from previous cyclical lows.

In terms of financial position, Arcosa's total assets increased to $4.93 billion as of March 31, 2025, compared to $4.92 billion at the end of 2024. The company maintained a strong liquidity position with $167.9 million in cash and cash equivalents. Looking ahead, Arcosa anticipates continued demand in its Construction Products segment, supported by infrastructure spending, while the Engineered Structures segment is expected to benefit from ongoing investments in wind energy projects. The company remains focused on managing inflationary pressures and optimizing its operational efficiencies to enhance profitability.

About Arcosa, Inc.

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