Class A Common Stock, $0.0001 Par Value
- Symbol
- CDNL
- Exchange
- NASDAQ
- Classification
- COMMON
- Status
- Current
Current Report · Items 2.02, 7.01, 9.01 · 8-K
CDNLNASDAQEQUITYCurrent
Item 2.02 Results of Operations and Financial Condition. On August 11, 2026, Cardinal Infrastructure Group Inc. (the “Company”) issued a press release announcing its financial results of operations for the quarter ended June 30, 2026, and other related information.…
Cardinal NC was founded in 2013 by Jeremy Spivey, our Chief Executive Officer, in Raleigh, North Carolina. We originated as a niche provider of wet utilities installation and have, over time, both organically and through acquisitions, added capabilities, including grading, site clearing, erosion control, drilling and blasting, paving, and related site services, to become a full-service, end-to-end provider of turnkey infrastructure services.
Cardinal Infrastructure Group Inc. · 8-K · Filed 2026-08-11
EX-99.1 2 cdnl-ex99_1.htm EX-99.1 EX-99.1 Cardinal Infrastructure Group Inc. Reports Second Quarter 2026 Results and Updates 2026 Outlook, Announces Acquisition of Allied Paving Raleigh, NC - August 11, 2026 - Cardinal Infrastructure Group Inc. (NASDAQ: CDNL) (“Cardinal” or the “Company”), today announced the Company’s second quarter and year-to-date 2026 financial results, updated guidance for the full year 2026 and the acquisition of Allied Paving out of Atlanta. Financial Highlights*: • Record quarterly revenue of $226.9 million; up 114% year-over-year; up 64% organically • Year-to-date revenue of $394.4 million; up 110% year-over-year; up 64% organically • Second quarter adjusted EBITDA of $28.1 million; up 43% year-over-year • Year-to-date adjusted EBITDA of $54.9 million; up 60% year-over-year • Backlog as of June 30, 2026 was $866 million; up 35% from the prior year • Raising 2026 revenue guidance to $880-$900 million; midpoint increases by $210 million Allied Paving Acquisition: • $108 million in acquired annual revenue at 20.3% adjusted EBITDA margin • Highly accretive purchase at 5.5x adjusted EBITDA • Third acquisition of 2026, supporting further vertica…
Open exhibit ↗EX-99.2 3 cdnl-ex99_2.htm EX-99.2 Q2 2026 Earnings August 11, 2026 This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements about the Company's future performance. Statements that are predictive in nature, that depend upon or refer to future events or conditions or that include the words “may,” “could,” “plan,” “project,” “budget,” “predict,” “pursue,” “target,” “seek,” “objective,” “believe,” “expect,” “anticipate,” “intend,” “estimate,” “will,” and other expressions that are predictions of or indicate future events and trends and that do not relate to historical matters identify forward-looking statements. These statements involve risks and uncertainties and Cardinal’s actual results could differ materially from the results expressed or implied by such forward-looking statements. The potential risks, uncertainties and other factors that could cause actual results to differ from those expressed by the forward-looking statements in this press release include, but are not limited to, difficulty in sustaining rapid revenue growth, which may place significant demands on Cardinal’s admini…
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