CDNL stock news · Cardinal Infrastructure
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Get alerts for CDNLCardinal Infrastructure's sales jumped 65% to $202 million last quarter, but profit margins fell to 4.2%.
Bad for CDNLCardinal Infrastructure's Q3 sales rose 65% to $202 million, but its adjusted operating-profit margin fell to 4.2%, and it withdrew its 2026 forecast. The profit setback outweighs sales growth.
Cardinal Infrastructure dropped its 2026 outlook after project costs hurt profits a lot.
Bad for CDNLCardinal's sales rose 65.1% to $201.9 million, but it posted an $11 million loss and withdrew its 2026 forecast. The profit decline makes this bad news for the company.
Cardinal Infrastructure Group Inc. has agreed to merge with Hughes Brothers Construction Inc.
NeutralCardinal agreed to buy a Florida construction business. The added operations come with borrowing, new shares, and a possible extra payment, so the filing does not change its outlook.
Cardinal Infrastructure Group Inc. says it sold some of its stock without registering it.
NeutralCDNL completed its purchase of Allied Paving for about $115 million, using cash and shares. The deal adds a paving business, but the filing does not show what it contributes financially.