Southland Holdings, INC

Southland Holdings, Inc. reported the results of its 2026 annual meeting of stockholders, with all proposals, including the election of directors and ratification of its independent auditor, receiving requisite approval.

Southland Holdings reported a significant decrease in revenue and a widened net loss for the first quarter of 2026, impacted by legacy disputes and a new business segment.

Southland Holdings, Inc. announces its subsidiary, American Bridge Company, has entered into a settlement agreement resolving significant litigation related to the Washington State Convention Center expansion project.

Southland Holdings, Inc. announced substantial financial losses for the fourth quarter and full year 2025, primarily driven by an adverse legal ruling and a comprehensive strategic restructuring plan.

Southland Holdings, Inc. has received approximately $59 million in advances from its surety providers, Markel, Berkshire, and Zurich, to cover bonded construction obligations and project progress.

Southland Holdings' subsidiary, American Bridge Company, received an adverse court ruling for approximately $57 million related to a construction project, which it plans to appeal.

Southland Holdings reported a significant increase in net loss for the first quarter of 2026, driven by a substantial revenue decrease primarily in its Transportation segment and increased gross losses.

Southland Holdings reported a significant improvement in gross profit for Q3 2025, driven by civil segment growth and reduced unfavorable adjustments, despite a wider net loss due to a substantial income tax expense.

Southland Holdings, Inc. reported a significant turnaround in gross profit and operating income for Q2 2025, despite a decrease in overall revenue, driven by improved project margins and reduced prior-year adjustments.

Southland Holdings' Q1 2025 revenue decreased by 16.9% year-over-year, primarily due to project completions in the Transportation segment.

Southland Holdings experienced a substantial net loss in the third quarter of 2024, primarily due to decreased revenue and increased costs in its Transportation segment.

Southland Holdings experienced a net loss in Q2 2024, primarily due to challenges in its Transportation segment, despite revenue growth in the Civil segment.

Southland Holdings, Inc. reported a significant net loss of $308.4 million for 2025, driven by an adverse legal ruling and declining revenue and backlog.

Southland Holdings' 2024 results reveal a net loss of $105.4 million, driven by project delays, cost overruns, and the wind-down of its Materials & Paving business line.

Southland Holdings experienced a decrease in gross profit for 2023, primarily due to a strategic shift in its Materials & Paving business line, despite a slight decrease in overall revenue.

Rudolph V. Renda, Co-COO and EVP of Southland Holdings, Inc., reported transactions involving common stock and restricted stock units.

Walter Timothy Winn, Co-COO and EVP of Southland Holdings, Inc., reported a transaction involving the acquisition of 15,706 restricted stock units.

Frankie S. Renda, President and CEO of Southland Holdings, Inc., reported transactions involving restricted stock units and common stock.

CFO Keith Bassano acquired 19,009 shares of Southland Holdings common stock following the vesting of restricted stock units.

Co-COO and EVP Rudolph V. Renda acquired 26,525 shares of Southland Holdings common stock through the vesting of restricted stock units.

Walter Timothy Winn, Co-COO and EVP of Southland Holdings, Inc., converted 26,525 restricted stock units into common stock, increasing his direct ownership.

Southland Holdings, Inc. has issued its 2026 proxy statement detailing the upcoming virtual annual meeting, director elections, and auditor ratification.

Southland Holdings Inc. will hold its annual meeting on June 13, 2025, where shareholders will vote on proposals including declassifying the Board of Directors, electing directors, and ratifying the appointment of Grant Thornton LLP as the independent accounting firm.

Southland Holdings is holding its annual meeting to vote on declassifying the Board of Directors and electing two Class II directors.

Southland Holdings Inc. announces its 2024 Annual Meeting of Stockholders to be held virtually on May 15, 2024, with key voting items including the election of directors and ratification of the company's accounting firm.

Southland Holdings will hold its annual stockholders meeting virtually on May 15, 2024, to elect directors and ratify the appointment of its independent auditor.

Walter Timothy "Tim" Winn has reduced his beneficial ownership in Southland Holdings, Inc. to 3.5% after relinquishing control over shares held in children's trusts.