Brief: Concrete Pumping Says On Dec 8, Audit Committee Of Board Said Financial Statements Of Co For 3, 9 Months Ended July 31, Should No Longer Be Relied Upon

Concrete Pumping Holdings

13/12/2022 22:20

Dec 13 (Reuters) - Concrete Pumping Holdings Inc
 BBCP.O :
    * CONCRETE PUMPING- ON DEC 8, AUDIT COMMITTEE OF BOARD SAID
FINANCIAL STATEMENTS OF CO FOR 3 & 9 MONTHS ENDED JULY 31,
SHOULD NO LONGER BE RELIED UPON
    * CONCRETE PUMPING HOLDINGS - RESTATEMENT WILL NOT IMPACT
CO’S
CURRENT REVENUE, LIQUIDITY, ASSETS, CASH & CASH EQUIVALENTS
    * CONCRETE PUMPING - AS RESULT OF RESTATEMENT, CO’S
DISCLOSURES
THAT HAVE FINANCIAL STATEMENTS COVERING RESTATED PERIOD SHOULD
NO LONGER BE RELIED UPON
    * CONCRETE PUMPING - RESTATEMENT RELATES TO UNDERSTATEMENT
OF
ACCRUED PAYROLL &RESULTED IN DECREASE IN PRETAX INCOME &
ADJUSTED EBITDA OF $2.0 MILLION
    * CONCRETE PUMPING - THE ERROR DOES NOT CHANGE PREVIOUSLY
DISCLOSED OUTLOOK FROM ITS THIRD QUARTER 2022 RESULTS PRESS
RELEASE ON SEPTEMBER 8, 2022

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