Concrete Pumping Holdings, Inc. (BBCP) shares soared 38.93 percent, gaining $3.12 to $11.10 on Friday, possibly due to the company's report yesterday about fiscal second-quarter results that showed a return to profitability, supported by higher revenue and operating income.
The stock is currently trading at $11.10, compared with its previous close of $7.98 on the Nasdaq. During the session, it opened at $11.31 and traded between $9.70 and $11.92. Trading volume reached 1.24 million shares, well above its average volume of 133,033 shares.
Revenue increased to $106.8 million for the quarter ended April 30, 2026, from $94.0 million in the same period last year. Income available to common shareholders was $2.1 million, compared with a loss of $0.4 million a year earlier. Earnings were $0.04 per share, versus a loss of $0.01 per share in the prior-year quarter. Operating income improved to $12.1 million from $8.3 million, while gross profit rose to $41.3 million from $36.2 million.
Concrete Pumping Holdings shares have traded between $5.55 and $11.92 over the past 52 weeks.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.