Southland Holdings Reports Q1 2025 Financial Results

Southland Holdings, Inc. ( (SLND) ) has released its Q1 earnings. Here is a breakdown of the information Southland Holdings, Inc. presented to its investors.

Southland Holdings, Inc., headquartered in Grapevine, Texas, is a prominent provider of specialized infrastructure construction services, operating across various sectors including bridges, tunneling, and water treatment facilities. The company, with a history dating back to 1900, is recognized as one of the largest infrastructure construction firms in North America.

In its first quarter of 2025, Southland Holdings reported a revenue of $239.5 million, marking a decrease from the previous year’s $288.1 million. Despite the decline in revenue, the company achieved a higher gross profit of $21.5 million compared to $20.4 million in the same period last year, alongside an improved gross profit margin of 9.0%.

Key financial metrics from the report include a net loss attributable to stockholders of $4.6 million, or $(0.08) per share, compared to a net loss of $0.4 million, or $(0.01) per share, in the previous year. EBITDA was recorded at $10.1 million, slightly down from $10.9 million in the prior year. The company’s backlog remains strong at $2.47 billion, indicating a robust pipeline of projects.

Looking ahead, Southland Holdings’ management remains optimistic about the future, citing strong demand across its markets and a solid pipeline of infrastructure opportunities. The company is focused on driving long-term value for its clients and stakeholders, leveraging its extensive experience and expertise in the infrastructure construction sector.