Jan. 13 at 6:32 PM
$BBCP Concrete Pumping Holdings (BBCP) has faced commercial softness, particularly in the U.S. concrete pumping segment, leading to a revenue decline due to factors like adverse weather and reduced construction activity. Despite these challenges, the company has continued its share buyback program, repurchasing approximately 593,000 shares for
$3.8 million, reflecting management's confidence in the company's long-term value.
Concrete Pumping Holdings (BBCP) has faced significant challenges due to commercial construction softness. In the third quarter of fiscal year 2025, the company reported a revenue drop to
$103.7 million, down from
$109.6 million in the same quarter the previous year.
$CASHTAG
