Smith-Midland Third Quarter 2024 Earnings: EPS: US$0.59 (vs US$0.24 in 3Q 2023)

Smith-Midland Corporation +1.80%

Smith-Midland Corporation

SMID

44.70

+1.80%

Smith-Midland (NASDAQ:SMID) Third Quarter 2024 Results

Key Financial Results

  • Revenue: US$23.6m (up 51% from 3Q 2023).
  • Net income: US$3.15m (up 149% from 3Q 2023).
  • Profit margin: 13% (up from 8.1% in 3Q 2023). The increase in margin was driven by higher revenue.
  • EPS: US$0.59 (up from US$0.24 in 3Q 2023).
earnings-and-revenue-history
NasdaqCM:SMID Earnings and Revenue History November 16th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Smith-Midland shares are up 8.5% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Smith-Midland has 1 warning sign we think you should be aware of.

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