Smith-Midland Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 0.784 million compared to USD 1.37 million a year ago. Revenue was USD 15.65 million compared to USD 11.96 million a year ago. Net income was USD 1.27 million compared to USD 0.005 million a year ago. Basic earnings per share from continuing operations was USD 0.24. Diluted earnings per share from continuing operations was USD 0.24.
For the nine months, sales was USD 2.6 million compared to USD 4.82 million a year ago. Revenue was USD 43.19 million compared to USD 35.64 million a year ago. Net income was USD 0.565 million compared to USD 0.796 million a year ago. Basic earnings per share from continuing operations was USD 0.11 compared to USD 0.15 a year ago. Diluted earnings per share from continuing operations was USD 0.11 compared to USD 0.15 a year ago.