Smart Sand (NASDAQ: SND) reported Q4 EPS of $0.06, $0.11 worse than the analyst estimate of $0.17. Revenue for the quarter came in at $47.7 million versus the consensus estimate of $46.53 million.

• 4Q and full year 2019 revenue of $47.7 million and $233.1 million, respectively.
• 4Q and full year 2019 total tons sold of approximately 462,000 and 2,462,000, respectively.
• 4Q and full year 2019 net income of $2.4 million and $31.6 million, respectively.
• 4Q and full year 2019 Adjusted EBITDA of $19.6 million and $87.1 million, respectively.

and provider of proppant logistics solutions through both our in-basin transloading terminal and wellsite storage solutions, today announced results for the fourth quarter and full year ended December 31, 2019.

Charles Young, Smart Sand’s Chief Executive Officer, stated “In spite of challenging market conditions, Smart Sand delivered another solid quarter to finish out an impressive year. During 2019, we demonstrated the value of our mine to wellsite solutions strategy by increasing activity through our Van Hook terminal and beginning the buildup of our SmartSystems™ equipment. As of today, we have nine SmartSystems fleets leased to customers. Additionally, we refinanced our former credit facility with a five-year bank financing and a five-year equipment lease arrangement that provide Smart Sand with long-term capital to support our ongoing operations. We believe that we have established the foundation to support our long-term strategy to provide sustainable sand supply and logistics solutions to our customers for 2020 and beyond."

For earnings history and earnings-related data on Smart Sand (SND) click here.