Revenue Growth
Revenue increased year-over-year to $1.272 billion, an increase of 12%. Organic revenue increased 7.6%.
Strong Customer Growth
Top 5 customers produced 55.7% of revenue and grew organically 16.7%. AT&T, the largest customer, grew organically by 58.4%.
Backlog Increase
Backlog increased to $7.856 billion, up from $6.834 billion in July 2024.
Successful Acquisition
Completed the acquisition of Black & Veatch's public carrier wireless telecommunications infrastructure business.
Adjusted EBITDA Improvement
Adjusted EBITDA was $170.7 million or 13.4% of revenue, an increase of 52 basis points compared to the previous year.
Fiber Expansion Opportunities
Secured extensions and new awards from AT&T for fiber-to-the-home work, and received an award from Lumen for expanding intercity fiber networks.