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CD
Cardinal Infrastructure Group Inc. Class A Common Stock
CDNL
Mkt Cap
$313.7M
Volume
1.48M
Next Earnings
November 10th
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CD
CDNL
CD
Cardinal Infrastructure Group Inc. Class A Common Stock
CDNL
News
·
Why Cardinal Infrastructure Group Stock Just Crashed
Mkt Cap
$341.3M
Volume
1.48M
Next Earnings
November 10th
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Earnings
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Filings
Why Cardinal Infrastructure Group Stock Just Crashed
Cardinal Infrastructure Group's stock plummeted 27.78% after reporting mixed Q2 earnings. While the company beat revenue expectations ($226.9M vs. $274.7M estimate) and raised full-year guidance to $880-900M, it missed earnings estimates significantly ($0.26 vs. $0.47 per share). Investor concerns center on contracting margins (16-18% guidance down from 20%+) and decelerating backlog growth (35% vs. 60% YoY), suggesting weakening business quality despite strong headline revenue numbers.
The Motley Fool · Aug 11, 2026
Cardinal Infrastructure Group Announces Acquisition of Piedmont Pipe Construction
Cardinal Infrastructure Group (NASDAQ: CDNL) announced the acquisition of Piedmont Pipe Construction, Inc., a leading wet utilities provider in North and South Carolina. Founded in 1999, Piedmont will operate under Cardinal's Civil Contracting brand. The acquisition is part of Cardinal's tuck-in strategy to expand density in high-growth regions, particularly the Charlotte metro area, and strengthen its owned labor force and vertical integration capabilities.
Benzinga · Jun 2, 2026
Cardinal Infrastructure Group Strengthens Operational Leadership Across its Footprint
Cardinal Infrastructure Group (NASDAQ: CDNL) announced the promotion of Marisa Hodes to Vice President of the Carolinas and the formal appointment of Chace Adams as Safety Director. Hodes has been with the company since 2021 and has managed over $250 million in site development projects, while Adams has built a comprehensive safety program across the Southeast. The promotions reflect the company's focus on developing talent and operational excellence.
Benzinga · May 21, 2026
Cardinal Infrastructure Group to Participate in Upcoming Investor Conferences
Cardinal Infrastructure Group (NASDAQ: CDNL) announced that management will participate in the Stifel Cross Sector Conference and William Blair Growth Stock Conference on June 2-3, 2026. CFO Mike Rowe will attend the Stifel event in Boston, while CEO Jeremy Spivey and COO Benji Wood will present at the William Blair conference on June 3 at 11:40am ET.
Benzinga · May 19, 2026
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Cardinal Infrastructure Group Inc. Class A Common Stock
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