Southland Holdings, INC 10-Q quarterly reports
Quarterly reports, with unaudited financial statements and management’s discussion of the quarter just ended.
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Southland Holdings, Inc. disclosed a substantial increase in net loss for the second quarter of 2026, driven by significant negative adjustments to contract estimates and a sharp decline in revenue.
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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.
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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.
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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.
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Southland Holdings' Q1 2025 revenue decreased by 16.9% year-over-year, primarily due to project completions in the Transportation segment.
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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.
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Southland Holdings experienced a net loss in Q2 2024, primarily due to challenges in its Transportation segment, despite revenue growth in the Civil segment.
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Southland Holdings experienced a slight revenue increase in Q1 2024, but faced challenges in profitability and is navigating debt covenant amendments.