Company Reports Strong Revenue Growth and Tripling of Net Income From Prior Year MIDLAND, VA / ACCESS Newswire / July 10, 2025 / Smith-Midland Corporation (NASDAQ
MID), a provider of innovative, high-quality proprietary and patented precast concrete products and systems, today announced its first quarter results for the period ended March 31, 2025. First Quarter 2025 Summary (compared to prior-year first quarter) Revenue increased 35 percent to $22.7 million Gross margin increased 740 basis points to 30.7% Operating income of $4.4 million compared to $1.5 million Net income of $3.3 million, or $0.62 per diluted share, compared to $1.1 million and $0.21 "We are off to a very strong start in 2025, reporting a 35% revenue increase and a near tripling of net income on a year-over-year basis.
