Construction Partners cuts FY24 revenue outlook; sees FY25 revenue of $2.42B to $2.52B

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• Construction Partners (NASDAQ:ROAD) on Monday announced preliminary financial results for fiscal year 2024 and introduced fiscal year 2025 outlook.
• The revenue in fiscal 2024 is lowered to $1.821B to $1.825B from $$1.835B-$1.860B vs. consensus of $1.84B, compared to $1.563B in fiscal 2023.