Southland Holdings (AMEX:SLND) held its first-quarter earnings conference call on Wednesday.
Below is the complete transcript from the call
The full earnings call is available at https://events. Summary SLND reported first quarter 2026 revenue of $172 million, including a revenue reversal of $18 million due to non-cash adjustments from legacy dispute resolutions. The company is progressing on its strategic plan to wind down legacy projects, supported by $125 million advanced by surety partners, with a broader financing agreement expected to close soon.
Net loss for the first quarter was $28.4 million, driven by unfavorable adjustments of $26 million related to legacy disputes. SLND’s civil segment achieved a 14% gross margin, showcasing strong performance in core projects. Management is focused on improving financial flexibility and converting opportunities into new awards, with a strong pipeline of projects in water, bridge, marine, and tunnel work.