Southland Holdings Reports Q3 2025 Financial Results
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Southland Holdings, Inc. reported Q3 2025 financial results with a revenue increase to $213.3 million, a 23.1% rise from the previous year. Despite this, the company faced a net loss of $75.3 million due to non-cash tax charges and legacy project adjustments. Gross profit was $3.3 million, EBITDA loss reduced to $3.5 million, but net loss per share widened to $1.39. The backlog remains strong at $2.26 billion. Management is optimistic about future performance, focusing on winding down legacy backlogs and leveraging demand for infrastructure projects.
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