Smart Sand (SND) Reports In-Line Q1 EPS, Revenues Beat

Smart Sand (NASDAQ: SND) reported Q1 EPS of $0.10, in-line with the analyst estimate of $0.10. Revenue for the quarter came in at $51.8 million versus the consensus estimate of $49.1 million.

• 1Q 2019 revenue of $51.8 million.
• 1Q 2019 total tons sold of approximately 648,000.
• 1Q 2019 net income of $4.0 million.
• 1Q 2019 Adjusted EBITDA of $12.4 million.

Charles Young, Smart Sand’s Chief Executive Officer, stated, “Smart Sand had another good quarter. We began to see the turnaround in the market that we’ve been forecasting and by sticking to our long-term plan for success, we were able to capitalize on the turnaround and once again deliver positive results.”

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

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