Smith-midland reports fourth quarter and year end 2021 financial results

Record-setting eps and royalty revenue for fiscal 2021 midland, va / accesswire / march 31, 2022 / smith-midland corporation (nasdaq:smid) provider of innovative, high-quality proprietary and patented precast concrete products and systems today announced fourth quarter and year end results for 2021. fourth quarter 2021 highlights acquired 30-acre industrial lot adjacent to virginia manufacturing facility awarded $4.2 million barrier rental contract current backlog increased to $29.0 million from $19.6 million in the prior year full year 2021 highlights record high earnings per share of $1.45, compared to $0.51 in 2020, an increase of 184 percent record high royalty revenue of $2.2 million, an increase of 31% over 2020 earned approval by the california department of transportation for use of j-j hooks barrier system included in the russell microcap index achieved step platinum status in abc safety management program delivering the safest year in company history "we are pleased with our strong year-over-year results which yielded significantly higher bottom-line performance.
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