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Southland Holdings (SLND)

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Earnings summaries and quarterly performance for Southland Holdings.

Recent press releases and 8-K filings for SLND.

Southland Holdings Secures Additional Surety Funds and Seeks Long-Term Financing
SLND
Debt Issuance
New Projects/Investments
  • Markel Insurance Company has advanced $5 million in surety funds to Southland Holdings, Inc. as of February 4, 2026, under a general indemnity agreement.
  • This brings the total aggregate surety funds advanced by Markel, Berkshire Hathaway Specialty Insurance Company, and Zurich Insurance Company Ltd to approximately $59 million.
  • Southland Holdings is obligated to indemnify and reimburse these sureties for the advanced funds.
  • The company is actively working with its agent and lenders to determine the impact of these advancements on its Credit Agreement and to secure additional surety funds and a long-term financing arrangement, with no assurances that a resolution will be reached.
2 days ago
Southland Holdings, Inc. Receives Surety Fund Advancement
SLND
Debt Issuance
New Projects/Investments
Profit Warning
  • Southland Holdings, Inc. (SLND) received an advancement of approximately $14 million in surety funds from Berkshire Hathaway Specialty Insurance Company between December 22, 2025, and December 31, 2025, out of an agreed total of up to $30 million.
  • These funds are designated for the payment of bonded construction contract obligations and to ensure the continued progress of such projects.
  • The company is obligated to indemnify and reimburse the Surety for these advanced funds.
  • SLND is actively working to determine the impact of the Surety Funds on its existing Credit Agreement and is seeking additional surety funds and a long-term financing arrangement, though there are no assurances that a resolution will be reached.
Dec 31, 2025, 10:25 PM
Southland Holdings Announces Third Quarter 2025 Results
SLND
Earnings
New Projects/Investments
  • Southland Holdings, Inc. reported revenue of $213.3 million for the third quarter ended September 30, 2025, an increase from $173.3 million in the prior year period. For the nine months ended September 30, 2025, revenue was $668.2 million, down from $712.9 million in the same period of 2024.
  • The company achieved a gross profit of $3.3 million (1.5% margin) for Q3 2025, a significant improvement from a gross loss of $51.1 million ((29.5)% margin) in Q3 2024. Year-to-date, gross profit was $38.1 million (5.7% margin) compared to a gross loss of $70.7 million ((9.9)% margin) for the nine months ended September 30, 2024.
  • Net loss attributable to stockholders for Q3 2025 was $(75.3) million, or $(1.39) per share, compared to a net loss of $(54.7) million, or $(1.14) per share, in Q3 2024. This quarter's net loss was primarily impacted by a $57.2 million non-cash income tax expense related to a valuation allowance on deferred tax assets.
  • EBITDA improved to $(3.5) million for Q3 2025 from $(58.7) million in Q3 2024. For the nine months ended September 30, 2025, EBITDA was $10.8 million, a substantial improvement from $(97.7) million in the same period of 2024.
  • As of September 30, 2025, the company's backlog stood at $2.26 billion.
Nov 12, 2025, 9:36 PM