Conrad Industries Q3 profit drops 27%

Conrad Industries

17/11/2025 08:55

Overview

Conrad Industries Q3 net income falls to $5.5 mln from $7.5 mln in 2024

Q3 EPS declines to $1.09 from $1.49 in the prior year

Company's backlog decreases to $196 mln from $282.2 mln a year ago

Outlook

Company did not provide specific guidance for future quarters or full year

Result Drivers

LAWSUIT IMPACT - Q3 2024 net income was higher due to an $8.04 mln judgment, which increased net income by $5.8 mln

BACKLOG DECLINE - Backlog decreased to $196 mln at end of Q3 2025 from $282.2 mln a year ago, reflecting fewer new contracts

NEW CONTRACTS - Signed $46.8 mln in new contracts post-Q3 2025, indicating continued business activity

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
$1.09
Q3 Net Income
$5.50 mln


Press Release: ID:nPnCzHska

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)