OTC : CNRD
$0.31 (1.04%)
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Conrad Industries Announces First Quarter 2026 Results and Backlog
MORGAN CITY, La., May 15, 2026 /PRNewswire/ -- Conrad Industries, Inc. (OTCID: CNRD) announced today its first quarter 2026 results. prnewswire.com - 2026-05-15 17:48:00 |
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Conrad Industries Is Worth The Volatile Waters The Industry Faces
Conrad Industries is a small-cap shipbuilder trading at a discount to heavy equipment peers, supported by recent revenue and profitability improvements. CNRD shifted from a $27 million net loss in 2023 to a $19.9 million net profit in 2024, with adjusted operating cash flow also turning positive. Despite a declining backlog and order softness, especially in energy, management remains cautiously optimistic for 2026 due to government and infrastructure demand. seekingalpha.com - 2026-05-06 02:08:21 |