Profile
Sector:
Basic MaterialsIndustry:
Building MaterialsCountry:
United StatesIPO:
13 December 1995Website:
http://smithmidland.comNext earnings report:
23 May 2025Last dividends:
19 December 2019Next dividends:
N/APrice
after hours | Tue, 19 Nov 2024 23:56:07 GMTDividend
Analysts recommendations
Institutional Ownership
SMID Latest News
Smith-Midland posts Q3 revenues of $23.6 million, driven by service growth and higher margins, boosting earnings per share to 59 cents.
MIDLAND, VA / ACCESSWIRE / November 15, 2024 / Smith-Midland Corporation (NASDAQ:SMID), a provider of innovative, high-quality proprietary and patented precast concrete products and systems today announced Ashley Smith, Chairman and Chief Executive Officer of Smith-Midland, will present at the Southwest IDEAS Investor Conference on Thursday, November 21, 2024 at The Statler in Dallas, TX. The company's presentation is scheduled to begin at 10:00am CT.
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Increased production and higher sales volumes across multiple product lines aid Smith-Midland's (SMID) earnings in Q2.
Quarterly Revenue Increased 32% to Record $19.5 Million MIDLAND, VA / ACCESSWIRE / August 14, 2024 / Smith-Midland Corporation (NASDAQ:SMID) a provider of innovative, high-quality proprietary and patented precast concrete products and systems today announced its second quarter results for the period ended June 30, 2024. Second Quarter 2024 Summary (compared to prior-year second quarter) Revenue increased 34 percent to $19.6 million Product sales increased 23 percent to $13.1 million Service revenue increased 63 percent to $6.5 million Operating income of $2.7 million, compared to loss of ($981,000) Net income of $2.0 million, or $0.37 per diluted share compared to net loss of ($782,000) or ($0.15) per share Awarded $7.5 million contract from Georgia Department of Transportation Added to Russell 2000 and 3000 stock indexes "Our second quarter performance included a record for quarterly revenue and our best net income since the first quarter of 2021," said Ashley Smith, Chairman and Chief Executive Officer of Smith-Midland.
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What type of business is Smith-Midland?
Smith-Midland Corporation invents, develops, manufactures, markets, leases, licenses, sells, and installs precast concrete products and systems in the United States. It offers SlenderWall lightweight construction panel, lightweight exterior cladding used for the exterior walls of buildings; Sierra Wall that provides sound and sight barrier for use alongside highways around residential, industrial, and commercial properties; J-J Hooks highway safety barriers, used on roadways to separate lanes of traffic in construction work zone or traffic control purposes; Easi-Set precast building and Easi-Span expandable precast buildings, used in housing communications operations, traffic control systems, and mechanical and electrical stations; Easi-Set utility, vaults for house equipment, such as cable, telephone, or traffic signal equipment, and for underground storage, as well as custom-built utility vaults for special needs; SoftSound soundwall panels, it absorb highway noise; Beach Prisms erosion control modules for seawalls and jetties; and H2Out secondary drainage systems for panelized exterior cladding. It licenses its proprietary products in the United States, Canada, New Zealand, Australia, Belgium, Mexico, and Trinidad. The company markets its products through in-house sales force and independent sales representatives to contractors performing public and private construction contracts, such as construction of commercial buildings, public and private roads and highways, airports, and municipal utilities; and federal, state, and local transportation authorities. It serves its products to construction, highway, utilities, and farming industries. Smith-Midland Corporation was founded in 1960 and is based in Midland, Virginia.
What sector is Smith-Midland in?
Smith-Midland is in the Basic Materials sector
What industry is Smith-Midland in?
Smith-Midland is in the Building Materials industry
What country is Smith-Midland from?
Smith-Midland is headquartered in United States
When did Smith-Midland go public?
Smith-Midland initial public offering (IPO) was on 13 December 1995
What is Smith-Midland website?
https://smithmidland.com
Is Smith-Midland in the S&P 500?
No, Smith-Midland is not included in the S&P 500 index
Is Smith-Midland in the NASDAQ 100?
No, Smith-Midland is not included in the NASDAQ 100 index
Is Smith-Midland in the Dow Jones?
No, Smith-Midland is not included in the Dow Jones index
When was Smith-Midland the previous earnings report?
No data
When does Smith-Midland earnings report?
The next expected earnings date for Smith-Midland is 23 May 2025