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CONRAD INDUS INC - $CNRD STOCK NEWS

Welcome to our dedicated page for CONRAD INDUS news (Ticker: $CNRD), a resource for investors and traders seeking the latest updates and insights on CONRAD INDUS stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CONRAD INDUS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CONRAD INDUS's position in the market.

Rhea-AI Summary
Conrad Industries, Inc. reported a net loss of $27.0 million for 2023, with a backlog of $253.8 million. Challenges like high steel prices, inflation, and supply chain disruptions impacted the company's performance. Despite uncertainties, Conrad Industries remains optimistic about future opportunities.
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-14.29%
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Rhea-AI Summary
Conrad Industries, Inc. (CNRD) reported a net loss of $3.2 million for the quarter ended September 30, 2023, compared to a net loss of $5.3 million in the same period in 2022. The company's nine months ended September 30, 2023, resulted in a net loss of $14.1 million, compared to a net loss of $8.8 million in the same period in 2022. The backlog for Conrad's new construction segment was $203.7 million for the first nine months of 2023, down from $251.0 million in the same period in 2022. The CEO attributed the net loss to complex projects signed during the COVID-19 pandemic, affected by supply chain and inflationary issues.
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0.67%
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CONRAD INDUS INC

OTC:CNRD

CNRD Rankings

CNRD Stock Data

38.39M
3.58M
4.74%
Heavy Duty Truck Manufacturing
Manufacturing
Link
United States of America
Morgan City

About CNRD

conrad industries is an international embroidery company with history reaching back to 1892 in plauen, germany. conrad industries is now a fifth generation business with companies in three different countries and is still growing.