Legato Merger Corp. II Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 09:02 am EST
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Legato Merger Corp. II reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net income was USD 0.851629 million compared to net loss of USD 0.000549 million a year ago.
For the nine months, net income was USD 0.41618 million.
Southland Holdings, Inc. is a provider of specialized infrastructure construction services. The Company's segments include Civil and Transportation. The Civil segment operates throughout North America and specializes in services that include the design and construction of water pipeline, pump stations, lift stations, water and wastewater treatment plants, concrete and structural steel, outfall, and tunneling. The Transportation segment operates throughout North America and specializes in services that include the design and construction of bridges, roadways, marine, dredging, ship terminals and piers, and specialty structures and facilities. The Company's customers include public and private entities. Its public sector customers include certain federal agencies, state departments of transportation, local transit authorities, county and city public works departments, and utilities. The Company's private customers consist of the owners of industrial, commercial and residential sites.