Conrad Industries Announces Second Quarter 2024 Results and Backlog
Conrad Industries (OTC Pink: CNRD) reported positive financial results for Q2 2024 and the first half of the year. The company achieved net income of $2.2 million and earnings per diluted share of $0.44 in Q2 2024, compared to a net loss in the same period of 2023. For the first six months of 2024, Conrad recorded net income of $3.7 million and earnings per diluted share of $0.75.
The company's new construction segment secured $116.5 million in contracts during H1 2024, though this was lower than the $191.0 million added to backlog in H1 2023. Conrad's backlog stood at $244.9 million as of June 30, 2024, with an additional $32.8 million in contracts signed after the quarter's end.
Conrad Industries (OTC Pink: CNRD) ha riportato risultati finanziari positivi per il secondo trimestre del 2024 e per il primo semestre dell'anno. L'azienda ha raggiunto un utile netto di 2,2 milioni di dollari e un utile per azione diluito di 0,44 dollari nel secondo trimestre del 2024, rispetto a una perdita netta nello stesso periodo del 2023. Nei primi sei mesi del 2024, Conrad ha registrato un utile netto di 3,7 milioni di dollari e un utile per azione diluito di 0,75 dollari.
Il segmento di nuove costruzioni dell'azienda ha assicurato contratti per 116,5 milioni di dollari durante il primo semestre del 2024, anche se questo valore 猫 inferiore ai 191,0 milioni di dollari aggiunti all'ordine arretrato nel primo semestre del 2023. L'ordine arretrato di Conrad ammontava a 244,9 milioni di dollari al 30 giugno 2024, con ulteriori 32,8 milioni di dollari in contratti firmati dopo la fine del trimestre.
Conrad Industries (OTC Pink: CNRD) report贸 resultados financieros positivos para el segundo trimestre de 2024 y la primera mitad del a帽o. La compa帽铆a logr贸 un ingreso neto de 2.2 millones de d贸lares y ganancias por acci贸n diluida de 0.44 d贸lares en el segundo trimestre de 2024, en comparaci贸n con una p茅rdida neta en el mismo per铆odo de 2023. En los primeros seis meses de 2024, Conrad registr贸 un ingreso neto de 3.7 millones de d贸lares y ganancias por acci贸n diluida de 0.75 d贸lares.
El segmento de nuevas construcciones de la compa帽铆a asegur贸 contratos por 116.5 millones de d贸lares durante la H1 de 2024, aunque esto fue inferior a los 191.0 millones de d贸lares a帽adidos al backlog en H1 de 2023. El backlog de Conrad alcanz贸 los 244.9 millones de d贸lares al 30 de junio de 2024, con 32.8 millones de d贸lares en contratos firmados adicionales despu茅s del final del trimestre.
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Conrad Industries (OTC Pink: CNRD) a annonc茅 des r茅sultats financiers positifs pour le deuxi猫me trimestre 2024 et la premi猫re moiti茅 de l'ann茅e. La soci茅t茅 a r茅alis茅 un b茅n茅fice net de 2,2 millions de dollars et un r茅sultat par action dilu茅e de 0,44 dollar au deuxi猫me trimestre 2024, par rapport 脿 une perte nette au cours de la m锚me p茅riode en 2023. Pour les six premiers mois de 2024, Conrad a enregistr茅 un b茅n茅fice net de 3,7 millions de dollars et un r茅sultat par action dilu茅e de 0,75 dollar.
Le secteur des nouvelles constructions de l'entreprise a s茅curis茅 116,5 millions de dollars de contrats durant le premier semestre 2024, bien que ce montant soit inf茅rieur aux 191,0 millions de dollars ajout茅s au carnet de commandes au premier semestre 2023. Le carnet de commandes de Conrad s'茅levait 脿 244,9 millions de dollars au 30 juin 2024, avec 32,8 millions de dollars de contrats suppl茅mentaires sign茅s apr猫s la fin du trimestre.
Conrad Industries (OTC Pink: CNRD) berichtete 眉ber positive finanzielle Ergebnisse f眉r das 2. Quartal 2024 und die erste Jahresh盲lfte. Das Unternehmen erzielte einen Nettoertrag von 2,2 Millionen US-Dollar und Gewinne pro verw盲sserter Aktie von 0,44 US-Dollar im 2. Quartal 2024, im Vergleich zu einem Nettoverlust im gleichen Zeitraum 2023. F眉r die ersten sechs Monate 2024 verzeichnete Conrad einen Nettoertrag von 3,7 Millionen US-Dollar und Gewinne pro verw盲sserter Aktie von 0,75 US-Dollar.
Der neue Bau-Bereich des Unternehmens sicherte sich 116,5 Millionen US-Dollar an Vertr盲gen w盲hrend der ersten Jahresh盲lfte 2024, obwohl dies niedriger war als die 191,0 Millionen US-Dollar, die im ersten Halbjahr 2023 zum Auftragsbestand hinzugef眉gt wurden. Der Auftragsbestand von Conrad betrug zum 30. Juni 2024 244,9 Millionen US-Dollar, mit zus盲tzlichen 32,8 Millionen US-Dollar an unterzeichneten Vertr盲gen nach Ende des Quartals.
- Turned net loss into profit for Q2 and H1 2024
- Q2 2024 net income of $2.2 million and EPS of $0.44
- H1 2024 net income of $3.7 million and EPS of $0.75
- Secured $116.5 million in new construction contracts in H1 2024
- Added $32.8 million in contracts after Q2 2024
- New construction contracts in H1 2024 decreased compared to H1 2023
- Backlog decreased to $244.9 million from $323.7 million year-over-year
For the quarter ended June 30, 2024, Conrad had net income of
During the first six months of 2024, Conrad signed
Conrad Industries, Inc., established in 1948 and headquartered in
For Information Contact:聽
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SOURCE Conrad Industries, Inc.
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