Smith-Midland Q3 Earnings Skyrocket 146% Y/Y, Revenues Soar 51%
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Smith-Midland reported a significant increase in Q3 earnings, with a 146% year-over-year growth and a 51% rise in revenues, reaching $23.6 million. This growth was driven by service expansion and improved margins, resulting in earnings per share of 59 cents.
November 19, 2024 | 5:30 pm
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Smith-Midland's Q3 earnings increased by 146% year-over-year, with revenues rising 51% to $23.6 million. The growth was fueled by service expansion and higher margins, leading to an EPS of 59 cents.
The significant increase in earnings and revenues indicates strong business performance, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100