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News Release 972.942.6500 FOR IMMEDIATE RELEASE Arcosa , Inc. Announces Second Quarter 2021 Results and Acquisition of Southwest Rock Products Exhibit 99.1 Revenues and Adjusted EBITDA in Line with Last Year's Record Results Demonstrating Resilience of the Company's Infrastructure Businesses Construction Products Adjusted EBITDA Growth of 17 % Portfolio Shift toward Construction Products Advanced with $ 150 Million Acquisition of a Leading Arizona Pure - Play Aggregates Producer Scaled Entry into Attractive Phoenix Metropolitan Area Healthy Balance Sheet with Pro Forma Net Debt to Adjusted EBITDA of 2.4X , within Targeted Long - Term Range of 2-2.5X ARCOSA DALLAS , Texas - ARCOSA , Inc. - August 4 , 2021 : Arcosa , Inc. ( NYSE : ACA ) ( " Arcosa , " the “ Company , " " We , " or " Our " ) , a provider of infrastructure - related products and solutions , today announced results for the quarter ended June 30 , 2021 . Arcosa also announced that it acquired Arizona - based Southwest Rock Products , LLC and affiliated entities ( " Southwest Rock " ) for $ 150 million . Southwest Rock is a pure - play natural aggregates company serving the greater Phoenix metropolitan area with five active sand and gravel locations and one hard rock quarry producing approximately five million annual tons of construction aggregates . Southwest Rock had trailing 12 month revenues of approximately $ 36 million and Adjusted EBITDA of approximately $ 14 million as of May 31 , 2021 , implying a purchase price multiple of 10.7X Adjusted EBITDA . ● Second Quarter Highlights ( All comparisons are versus the prior - year quarter unless noted otherwise ) ● ● Revenues of $ 515.1 million , up 3 % Net income of $ 20.8 million and Adjusted Net Income of $ 29.1 million Diluted EPS of $ 0.43 and Adjusted Diluted EPS of $ 0.60 Adjusted EBITDA of $ 78.9 million , in - line with last year Operating cash flow of $ 50.7 million and Free Cash Flow of $ 29.1 million " Our second quarter results reflect the resilience of our portfolio of infrastructure businesses as we executed successfully and kept pace with last year's record results despite some headwinds , " commented Antonio Carrillo , President and Chief Executive Officer . " Construction activity was strong overall , with some offset from abnormally wet weather during the quarter , especially in our largest markets within Texas and along the Gulf Coast . The integration of StonePoint is progressing smoothly and performance is tracking well against our expectations , adjusting for the wet weather . arcosa.com