Smith-midland reports second quarter 2022 financial results

Reports 37 percent year-over-year increase in backlog to $35.7 million midland, va / accesswire / august 11, 2022 / smith-midland corporation (nasdaq:smid), a provider of innovative, high-quality proprietary and patented precast concrete products and systems, today announced its results for the second quarter ended june 30, 2022. second quarter 2022 summary (compared to prior-year quarter) revenue of $13.3 million, an 8 percent increase barrier sales more than doubled to $2.3 million barrier rentals of $2.0 million compared to $1.2 million earnings of $0.17 per diluted share, compared to $0.19 backlog at august 1, 2022 increased 37 percent to $35.7 million additional contracts awarded subsequent to the quarter $3.4 million for soundwall panels and posts as part of the reconstruction and widening of i-20 at the broad river road and i-26 interchange outside columbia, sc design of precast platform girders and more than 200 deck planks for the regional transportation center in claymont, de 114,000 square feet of precast retaining wall used as part of the hampton roads bridge tunnel (hrbt) expansion in virginia "our second quarter results reflect the hard work of our team, the value of our proprietary products, and the favorable macroeconomic trends across our industry.
SMID Ratings Summary
SMID Quant Ranking