U.s. concrete reports first quarter 2021 results

Euless, texas, may 6, 2021 /prnewswire/ -- u.s. concrete, inc. (nasdaq: uscr), a leading supplier of aggregates and ready-mixed concrete in active construction markets across the country, today announced results for the quarter ended march 31, 2021.  first quarter 2021 highlights 1 consolidated revenue was $285.7 million aggregate products revenue increased 2.1% to $44.5 million, an all-time first quarter high aggregate products average selling price per ton increased 8.9% to $13.32, an all-time first quarter high aggregate products adjusted ebitda was $12.5 million, an all-time first quarter high and a 10.6% increase compared to the prior year first quarter aggregate products adjusted ebitda margin increased 220 basis points to 28.1%, an all-time first quarter high net loss was $4.8 million total adjusted ebitda2 was $28.2 million net loss margin was 1.7% and total adjusted ebitda margin2 was 9.9% invested $28.7 million to purchase fee simple property and the underlying royalty agreement associated with the orca quarry on vancouver island, british columbia, canada ("orca"), improving aggregate products profitability (1) certain computations within this press release may reflect rounding adjustments.
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