Smith-midland reports first quarter 2025 financial results

Company reports strong revenue growth and tripling of net income from prior year midland, va / access newswire / july 10, 2025 / 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, 2025. first quarter 2025 summary (compared to prior-year first quarter) revenue increased 35 percent to $22.7 million gross margin increased 740 basis points to 30.7% operating income of $4.4 million compared to $1.5 million net income of $3.3 million, or $0.62 per diluted share, compared to $1.1 million and $0.21 "we are off to a very strong start in 2025, reporting a 35% revenue increase and a near tripling of net income on a year-over-year basis.
SMID Ratings Summary
SMID Quant Ranking