CEMATRIX Corporation has announced the release of its consolidated financial results for the second quarter ended June 30, 2024. The company set a new, first half record. Overall, the second quarter of 2024 was similar to 2023 as revenue grew 3% versus the prior year. On a year-to-date basis, revenue is up 11% versus last year and more importantly, adjusted EBITDA is up by $1.6 million versus last year and positive overall on a year-to-date basis. The increase in EBITDA is the direct result of increased sales at higher prices as well as improved margins to the end of the second quarter. CEMATRIX is now in the busy infrastructure construction period for the second half of the year and on track for another profitable year with positive cashflow from operations.

CEMATRIX Corporation, a Bristol Investor Relations client, is a North American leading manufacturer and supplier of technologically advanced cellular concrete products. Read the full press release here: CEMATRIX Announces 2024 Second Quarter Financial Results