Conrad Industries Announces 2024 Results and Backlog

Conrad Industries Announces 2024 Results and Backlog

MORGAN CITY, La., March 31, 2025 /PRNewswire/ -- Conrad Industries, Inc. (OTC Pink: CNRD) today announced its 2024 results and backlog.

Conrad Industries Announces Positive 2024 Results

Conrad Industries, Inc. has announced its 2024 results and backlog, reporting a net income of $11.2 million and income per diluted share of $2.24 for the 12 months ended December 31, 2024 compared to net loss of $27.0 million and loss per diluted share of $5.39 for the 12 months ended December 31…

Conrad reports improved 2024 operating results

Morgan City, La.-headquartered shipbuilder Conrad Industries, Inc. (OTC Pink: CNRD) has reported 2024 results that included net income of $11.2 million and income per diluted share of $2.24 for the twelve months ended December 31, 2024 compared to net loss of $27.0 million and loss per diluted share of $5.39 for the twelve months ended December 31, 2023. Conrad’s backlog as of December 31, 2024 was $293.8 million, compared to $253.8 million at D…

From $27M Loss to $11.2M Profit: Conrad Industries Achieves Remarkable Turnaround

Shipbuilder rebounds with $11.2M profit and 15.8% backlog growth, despite facing new challenges from steel tariffs and labor markets. See full analysis inside.