TIC Solutions Q1 net loss widens to $41.5 million; revenue more than doubled to $488 million
TIC Solutions
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- TIC Solutions first-quarter revenue more than doubled to $488 million, while net loss widened to $41.5 million.
- Adjusted EBITDA climbed to $57.7 million.
- Results included NV5 Global following TIC Solutions’ Aug. 4, 2025 acquisition, which materially affected year-over-year comparability.
- Liquidity totaled $537.5 million at March 31, including cash and cash equivalents of $426.6 million; term loan debt stood at $1.6 billion.
- Reaffirmed full-year 2026 guidance for revenue of $2.15 billion to $2.25 billion, with adjusted EBITDA of $330 million to $355 million; plans to announce new long-term financial targets at an Investor Day on May 19 in New York.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TIC Solutions Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-030884), on May 06, 2026, and is solely responsible for the information contained therein.
