Question · Q2 2026
Michael Eisner, a private investor, inquired whether the recent backlog increase was primarily due to new contracts or the release of funding, the profitability outlook for the Colorado operations in the third quarter, and the long-term sustainability of the current backlog.
Answer
President and CEO Thomas McClelland stated that the backlog increase was more due to the release of funding than new contracts. He anticipated the Colorado operations would be profitable in the third quarter, making a positive contribution. Mr. McClelland also confirmed that the current backlog has long-term sustainability.
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