Smith-Midland Reports First Quarter 2024 Financial Results [Yahoo! Finance]
Smith-Midland Corporation (SMID)
NASDAQ:AMEX Investor Relations:
smithmidland.com/investor-relations
Company Research
Source: Yahoo! Finance
MIDLAND, VA / ACCESSWIRE / June 11, 2024 / Smith-Midland Corporation (NASDAQ:SMID) a provider of innovative, high-quality proprietary and patented precast concrete products and systems today announced its first quarter results for the period ended March 31, 2024. First Quarter 2024 Summary (compared to prior-year quarter) Revenue increased 30 percent to $16.8 million Product sales increased 30 percent to $10.8 million Service revenue increased 31 percent to $6.0 million Operating income of $1.5 million, compared to $54,000 Net income of $1.1 million, or $0.22 and $0.21 per basic and diluted share, respectively, compared to $80,000 or $0.02 per basic and diluted share Started construction to double the size of its North Carolina plant "We are off to a strong start in 2024, posting a 30 percent increase in revenue from the prior-year quarter and our highest quarterly revenue," said Ashley Smith, Chairman and Chief Executive Officer of Smith-Midland. "The increase was pr
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SMID
News
- Zacks Initiates Coverage of Smith-Midland With Neutral Recommendation [Yahoo! Finance]Yahoo! Finance
- Smith-Midland Secures $7.5 Million Noise Wall Contract for Georgia Department of Transportation Project [Yahoo! Finance]Yahoo! Finance
- Smith-Midland Secures $7.5 Million Noise Wall Contract for Georgia Department of Transportation ProjectAccesswire
- Smith-Midland Reports First Quarter 2024 Financial ResultsAccesswire
- Smith-Midland: Strong 2023 Financial Results And Momentum, But Still Expensive [Seeking Alpha]Seeking Alpha
SMID
Sec Filings
- 6/26/24 - Form DEFA14A
- 6/24/24 - Form DEF
- 6/18/24 - Form 4
- SMID's page on the SEC website