Southland Announces Third Quarter 2022 Results
GRAPEVINE, Texas, Nov. 21, 2022 (GLOBE NEWSWIRE) -- Southland Holdings, LLC ("Southland") announced financial results for the quarter ended September 30, 2022. Revenue of $335 million, an increase of 6% compared to the quarter ended September 30, 2021Operating income increased 228% to $46.8 million for the three months ended September 30, 2022, compared to $14.3 million in the three months ended September 30, 2021Operating income increased 89% to $61.7 million for the nine months ended September 30, 2022, compared to $32.6 million in the nine months ended September 30, 2021EBITDA increased 143% to $59.6 million for the three months ended September 30, 2022, compared to $24.6 million in th