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Concrete Pumping Holdings surges 30.7% on Q2 earnings beat and raised outlook
- Concrete Pumping Holdings rose 30.7% on June 5, closing at $10.43 on a massive 34.5x volume spike of 4.41 million shares.
- The company reported Q2 revenue of $106.8 million (up 13.7% year-over-year) and GAAP profit of $0.04 per share, beating consensus estimates of $0.01 per share.
- Management raised its fiscal 2026 revenue guidance to a midpoint of $417.5 million, citing continued momentum in U.S. commercial and infrastructure work tied to data centers and semiconductor chip plants.
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Conclusion
Price rose from $7.98 (June 4) to $10.43 (June 5), a 30.7% gain. Volume was 4,406,347 vs 20-day average of 127,710 (34.5x ratio). Q2 GAAP EPS of $0.04 vs $0.01 expected.