Concrete Pumping Holdings Stock Surges 23% Pre-Market: Why Is It Moving?

Concrete Pumping Holdings Inc. (NASDAQ: BBCP ) shares jumped roughly 23.06% to $9.82 in pre-market trading on Friday, after the Denver-based concrete services provider posted a fiscal second-quarter earnings beat and raised its full-year 2026 outlook. What Does Q2 Data Say Revenue for the quarter came in at $106.8 million, a 14% increase year-over-year, missing the consensus estimate of $96.75 million by 100% . EPS of $0.04 per diluted share beat the $0.01 consensus by 300%. The company swung to net income of $2.5 million from near breakeven a year ago. Key profitability metrics for the quarter are as follows: Financial Metric Result YoY Change Gross Profit $41.3M +14% Income from Operations $12.1M +46% Adjusted EBITDA $26.4M +17.4% Adjusted EBITDA margin expanded 80 basis points to 24.7%. What You Should Know In the second quarter, U.S. Concrete Pumping led growth with revenue up 15.2% to $71.5 million, driven by data center and infrastructure ... Full story available on Benzinga.com