ARCOSA INC Reports Total Revenue of USD 154.6 Million and Net Income of USD 500.3 Million for Q4 FY2022

Earnings report

ARCOSA INC ($BER:EOB) recently announced their financial results for the fourth quarter of FY2022 ending February 23, 2023. The company reported total revenue of USD 154.6 million, an increase of 1580.4% from the same quarter of the prior year. Net income was USD 500.3 million, a decrease of 4.1% year over year. This marked an impressive increase in total revenue and an overall decrease in net income for ARCOSA INC. This quarter’s results demonstrate the company’s ability to adjust to changing economic conditions and remain profitable in the face of market volatility. Their financial results show that they are continuing to develop and diversify their product offering to meet their customer’s needs and remain competitive in the current market.

The company’s focus on customer service and innovation have allowed them to remain profitable in a challenging economic environment; a testament to the resilience of ARCOSA INC. The fourth quarter of FY2022 marks another successful period for ARCOSA INC, with a total revenue increase of 1580.4% from the previous year. Despite this impressive increase, net income decreased 4.1% year over year; indicative of the company’s commitment to control costs and remain profitable. This quarter’s results show that ARCOSA INC is successfully navigating these challenging times, and with their proven track record of success, are well-positioned for future growth.

Share Price

On Thursday, ARCOSA INC released its financial results for the fourth quarter of FY2022. This performance was reflected in their stock price, which opened at €53.5 and closed the same day at the same price of €53.5, a 1.9% increase from the last closing price of €52.5. This upswing in stock prices was likely due to the promising quarterly earnings report by Arcosa Inc. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Arcosa Inc. More…

Cash Flow Snapshot

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Balance Sheet Snapshot

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Key Ratios Snapshot

Some of the financial key ratios for Arcosa Inc are shown below. More…

Analysis

At GoodWhale, we recently conducted a thorough analysis of ARCOSA INC‘s wellbeing. After careful consideration, our Risk Rating algorithm determined that ARCOSA INC is a medium risk investment in terms of financial and business aspects. However, during our analysis, we detected 3 risk warnings in the company’s income sheet, balance sheet, and cash flow statement. If you would like to find out more about these risk warnings and how they may affect your investment decision, please register with us at GoodWhale. We are excited to help you make an informed decision about your finances and investments. More…

Summary

ARCOSA INC‘s investing performance in the quarter was impressive, with total revenues reaching USD 154.6 million – a 1580.4% increase year over year. Net income was USD 500.3 million, but this was down 4.1% from the prior year. Given the drastic increase in revenues, the slight dip in net income was not seen as a major concern by investors.

ARCOSA INC’s growth is seen as a testament to its good financial management across various sectors. Investors remain optimistic about the company’s prospects going forward.