Earnings$CDNL6:35 AM ETdeveloping · v3

Cardinal Infra Group posts Q3 loss, withdraws guidance, postpones $360M acquisition

By BORSA NewsroomPublished Nov 12, 2026, 6:35 AM ESTUpdated Nov 12, 2026, 6:35 AM EST

Cardinal Infrastructure Group swung to a Q3 loss of $4.4M, withdrew full-year guidance, postponed its Hughes Brothers Construction acquisition, and said its CFO will step down. Shares fell 38% premarket.

Sentimentbearish 15

Strongly bearish · 15 of 100

Impact80

high · market-wide

Confidence90%

high confidence · 3 wires

Eventdeveloping

v3 · alerted to followers

WHAT WE KNOW

Q3 net loss $4.4M vs profit $7.1M YoY
Revenue $201.9M vs estimate $234.8M