Cardinal Infrastructure Group Incorporated

Company: Cardinal Infrastructure Group Incorporated
Ticker: CDNL

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If you suffered a loss on your Cardinal Infrastructure Group Incorporated investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filling out this form mean you have joined any lawsuit.

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Background

On November 12, 2026, Cardinal Infrastructure reported third quarter 2026 results, including a net loss of $11.0 million and adjusted EBITDA of $8.5 million, with adjusted EBITDA margin falling to 4.2% from 17.5% in the prior-year period. The Company also disclosed a $13.2 million hit to gross profit attributed to in project estimate revisions, withdrew its full-year 2026 revenue guidance, and postponed its planned acquisition of Hughes Brothers Construction.

On this news, Cardinal’s stock price fell $9.35 per share, or 62.37%, to close at $5.64 per share on November 12, 2026, thereby injuring investors.

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