Cardinal Infrastructure Group reports strong second quarter 2026 results
The company raises its full-year revenue guidance to $880 million to $900 million and announces the acquisition of Allied Paving for approximately $120 million.
Latest Cardinal Infrastructure Group News & Updates
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Civil infrastructure and site development services provider
cardinalinfrastructuregroup.com- Headquarters
- Raleigh, United States
- Company type
- Public company
- Number of employees
- 1,000–5,000
- Industry
- Construction & Engineering
Last updated
Latest news about Cardinal Infrastructure Group
In short: Cardinal Infrastructure Group doubled its revenue and hit a $1B asset milestone in 2026 despite facing significant margin pressures.
Company announcements
Cardinal Infrastructure Group closes upsized public offering for $336 million
The company sold 4.6 million shares at $73 each. Stifel, William Blair, and Truist managed the deal.
Cardinal Infrastructure Group announces its first quarter 2026 earnings conference call date
The financial results will be released before market open on May 12, followed by a live webcast at 10:30 am ET. Supporting materials will be available on the company website.
Cardinal Infrastructure Group names Erik West President of the Carolinas
He assumes leadership after serving as Chief Operating Officer for Cardinal Civil Contracting and expanding regional operations since joining the firm.
Media coverage
...SECURITIES LAW FIRM, Announces Investigation into Cardinal Infrastructure Group Inc. (NASDAQ: CDNL) Following Post-Offering...
(NASDAQ: CDNL) regarding potential violations of federal securities laws. The investigation focuses...
Cardinal Infrastructure forecasts $880M-$900M 2026 revenue while updating adjusted EBITDA margin outlook to 16%-18%
Q2 2026 earnings call recap: record revenue/backlog, raised guidance & Allied Paving deal—get key margin insights now.
CDNL INVESTOR ALERT: Investigation of Cardinal Infrastructure Group Inc. Announced by Holzer & Holzer, LLC | Press Releases | wboc.com
ATLANTA, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether Cardinal Infrastructure Group...
Cardinal Infrastructure Q2 2026 slides show record growth, margin pressure By Investing.com
Cardinal Infrastructure Group presented its second-quarter 2026 earnings on August 11, revealing a quarter marked by record revenue growth but significant profitability challenges that sent...
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