Smith-Midland Corporation announced its second quarter results for the period ended June 30, 2025, on August 14, 2025. The company reported record quarterly revenue, which increased 33 percent to $26.2 million compared to the prior-year quarter.
Net income for the quarter doubled to $4.2 million, or $0.79 per diluted share, from $2.0 million or $0.37 per diluted share in Q2 2024. Operating income also saw a significant increase, reaching $5.5 million from $2.7 million in the comparable prior-year period.
The company's gross margin improved by 360 basis points to 29.7 percent. This indicates continued enhanced profitability and efficient cost management. The company also maintained its listing in the Russell 2000 and 3000 Indexes.
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