Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Concrete Pumping’s Q2 Earnings Call: Our Top 5 Analyst Questions

BBCP Cover Image

Concrete Pumping’s second quarter results were marked by resilience in the face of challenging conditions, as the company delivered revenue above Wall Street’s expectations despite a notable year-on-year decline. Management cited ongoing softness in U.S. commercial construction, exacerbated by elevated interest rates and adverse weather, as the primary headwinds. CEO Bruce Young explained, “larger commercial projects such as data centers and warehouses remain durable but continue to move at a slower pace given the uncertain economic backdrop.” The company’s disciplined cost management and fleet optimization helped buffer the top-line softness, with the residential segment and infrastructure projects providing relative stability.

Is now the time to buy BBCP? Find out in our full research report (it’s free).

Concrete Pumping (BBCP) Q2 CY2025 Highlights:

  • Revenue: $103.7 million vs analyst estimates of $100.3 million (5.4% year-on-year decline, 3.3% beat)
  • Adjusted EPS: $0.06 vs analyst estimates of $0.06 (in line)
  • Adjusted EBITDA: $26.84 million vs analyst estimates of $27.2 million (25.9% margin, 1.3% miss)
  • The company reconfirmed its revenue guidance for the full year of $385 million at the midpoint
  • EBITDA guidance for the full year is $97.5 million at the midpoint, above analyst estimates of $95.21 million
  • Operating Margin: 12.5%, down from 15.2% in the same quarter last year
  • Organic Revenue fell 6.1% year on year vs analyst estimates of 7.8% declines (163.9 basis point beat)
  • Market Capitalization: $366 million

While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention.

Our Top 5 Analyst Questions From Concrete Pumping’s Q2 Earnings Call

  • Andy Wittmann (Baird): asked about the outlook for fourth quarter margins despite revenue declines. CFO Iain Humphries explained that seasonal factors and cost management efforts should help support margins even as volumes remain under pressure.
  • Andy Wittmann (Baird): followed up on the timing of a broader market recovery. CEO Bruce Young noted increased bidding activity and resilience in residential and infrastructure, but cautioned that it is still “too early to tell” when a sustained recovery will occur.
  • Brent Thielman (D.A. Davidson): pressed for clarity on pricing pressure in the U.S. business. Young acknowledged ongoing competitive pricing, particularly in light commercial and residential, and anticipated this would persist for another six months.
  • Brent Thielman (D.A. Davidson): asked if margin pressure was due to underutilization or other factors. Humphries responded that lower volumes and resulting operating leverage were the main drivers, with cost controls only partially offsetting margin declines.
  • Luke McFadden (William Blair): inquired about geographic expansion aligned with new construction trends. Young stated that Concrete Pumping had recently expanded its footprint into new markets and would continue to pursue growth opportunities as large projects arise.

Catalysts in Upcoming Quarters

In coming quarters, our team will be watching (1) the pace of infrastructure project starts and the conversion of awarded funding into revenue, (2) signs of stabilization or rebound in commercial and residential construction volumes, and (3) progress in margin recovery as operational efficiencies and fleet utilization improve. The impact of weather disruptions and competitive pricing trends on segment performance will also be key markers for assessing execution.

Concrete Pumping currently trades at $7.11, up from $6.79 just before the earnings. In the wake of this quarter, is it a buy or sell? See for yourself in our full research report (it’s free).

Our Favorite Stocks Right Now

When Trump unveiled his aggressive tariff plan in April 2025, markets tanked as investors feared a full-blown trade war. But those who panicked and sold missed the subsequent rebound that’s already erased most losses.

Don’t let fear keep you from great opportunities and take a look at Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025).

Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today.

StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.