Smith-Midland (SMID) Earnings & Revenues Rise Y/Y in Q2 [Yahoo! Finance]
Smith-Midland Corporation (SMID)
NASDAQ:AMEX Investor Relations:
smithmidland.com/investor-relations
Company Research
Source: Yahoo! Finance
Total revenues jumped 34% year over year, the highest quarterly figure in the company's history, driven by strong demand across multiple product lines and ongoing infrastructure projects. The results reflect Smith-Midland's successful execution of growth strategies and operational efficiencies, positioning the company for continued momentum in the latter half of the year. Q2 Earnings Smith-Midland reported second-quarter 2024 earnings per share of 37 cents, turning around from a loss of 15 cents in the year-ago quarter. Total quarterly revenues were $19.6 million, a 34% increase from $14.7 million in the prior-year quarter. This marked the highest quarterly revenues in the company's history. The strong quarterly results were primarily due to increased production and higher sales volumes across multiple product lines, particularly utility vaults and soundwalls, supported by ongoing infrastructure projects funded by the Infrastructure Investment and Jobs Act. Revenues by Segm
Show less
Read more
Impact Snapshot
Event Time:
SMID
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SMID alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SMID alerts
High impacting Smith-Midland Corporation news events
Weekly update
A roundup of the hottest topics
SMID
News
- With 58% ownership of the shares, Smith-Midland Corporation (NASDAQ:SMID) is heavily dominated by institutional owners [Yahoo! Finance]Yahoo! Finance
- Smith-Midland Reports Second Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Smith-Midland Reports Second Quarter 2024 Financial ResultsAccesswire
- Easi-Set Worldwide Develops New J-J Hook(TM) MASH 16 Low-Profile Barrier [Yahoo! Finance]Yahoo! Finance
- Easi-Set Worldwide Develops New J-J Hook(TM) MASH 16 Low-Profile BarrierAccesswire
SMID
Sec Filings
- 9/24/24 - Form 10-K/A
- 8/14/24 - Form 8-K
- 8/14/24 - Form 10-Q
- SMID's page on the SEC website