Stock fell 32.9% after-hours due to severe financial deterioration including Q4 revenue collapse (61% YoY decline), massive net loss of $216.4 million, $135.8 million legal charge, and negative EBITDA of $(202.2) million, despite positive project awards and turnaround plans.
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Subsidiary Oscar Renda Contracting awarded approximately C$272 million share of Winnipeg wastewater project. Significant addition to civil segment backlog with multi-year contract extending to 2031, reinforcing presence in water infrastructure market.
Slumped 34.16% following poor Q4 2025 results with revenue collapsing to $104.0 million from $267.3 million year-over-year and a gross loss of $193.4 million.
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Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology