• Conrad Industries posted first-quarter net income of $3.2 million, down from $3.9 million a year earlier, while diluted EPS slipped to $0.64 from $0.77.
• New construction segment signed $46.8 million in contracts during first three months of 2026, down from $67.3 million in first three months of 2025.
• Backlog fell to $199.6 million at March 31 from $213.9 million at Dec. 31, 2025.
• Since quarter-end, signed additional $134.2 million in contracts, including a U.S. Navy contract modification for four additional Yard Repair, Berthing and Messing vessels.

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. Conrad Industries Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202605151748PR_NEWS_USPR_____DA61281) on May 15, 2026, and is solely responsible for the information contained therein.