{"id":35277,"date":"2026-05-03T05:56:19","date_gmt":"2026-05-03T12:56:19","guid":{"rendered":"https:\/\/essential.construction\/news\/aecon-reports-17-9m-first-quarter-loss-compared-with-37-9m-loss-last-year\/"},"modified":"2026-05-03T05:56:19","modified_gmt":"2026-05-03T12:56:19","slug":"aecon-reports-17-9m-first-quarter-loss-compared-with-37-9m-loss-last-year","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/aecon-reports-17-9m-first-quarter-loss-compared-with-37-9m-loss-last-year\/","title":{"rendered":"Aecon reports $17.9M first-quarter loss compared with $37.9M loss last year"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>TORONTO- Aecon Group Inc. reported a loss attributable to shareholders of $17.9 million during its first quarter, compared with a loss of $37.9 million a year earlier.<\/p>\n<p>That amounted to a loss per diluted share of 28 cents for the three months ended March 31, compared with 60 cents during the prior-year quarter.<\/p>\n<p>The Toronto-based construction firm says revenue reached $1.26 billion during the quarter, rising year-over-year from $1.06 billion.<\/p>\n<p>Aecon also reported a record backlog of $10.9 billion.<\/p>\n<p>The company says in its outlook that it expects 2026 revenue to exceed 2025 levels due to the strength of its backlog and other factors.<\/p>\n<p>Aecon Group announced in March that a joint venture, of which it owns a 40 per cent stake in, finalized a US$691-million contract with the U.S. Army Corps of Engineers for a project in Washington state.<\/p>\n<p style=\"text-align: center;\"><strong>\u00a92026 The Canadian Press<\/strong><\/p>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/canada.constructconnect.com\/dcn\/news\/economic\/2026\/05\/aecon-reports-17-9m-first-quarter-loss-compared-with-37-9m-loss-last-year\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] TORONTO- Aecon Group Inc. reported a loss attributable to shareholders of $17.9 million during its first quarter, compared with &#8230; <a title=\"Aecon reports $17.9M first-quarter loss compared with $37.9M loss last year\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/aecon-reports-17-9m-first-quarter-loss-compared-with-37-9m-loss-last-year\/\" aria-label=\"Read more about Aecon reports $17.9M first-quarter loss compared with $37.9M loss last year\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1037],"tags":[357,295],"class_list":["post-35277","post","type-post","status-publish","format-standard","hentry","category-daily-commercial-news","tag-blog","tag-technology","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/35277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=35277"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/35277\/revisions"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=35277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=35277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=35277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}