secwatch.observer — SEC 8-K summary
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Issuer:     Smart Sand, Inc. (SND)
CIK:        0001529628
Form:       8-K
Filed at:   2021-11-09T23:59:59+00:00
Accession:  0001529628-21-000204
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Smart Sand Q3 2021 revenue $34.5M, net loss $7.3M; sand volumes up 156% YoY
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- Net loss of $7.3M ($0.17 per share); revenue up 17% sequentially to $34.5M vs $29.6M in Q2 2021.
- Tons sold 790,000, up 3% QoQ and 156% YoY; contribution margin $4.1M ($5.19/ton).
- Adjusted EBITDA negative $1.0M vs negative $21.5M in Q2 2021 (which included $19.6M bad debt).
- Cash $36.7M at Sept 30; ABL facility undrawn with $16.5M availability; FY 2021 capex guided $14-16M.
- New Waynesburg, PA terminal for Appalachian Basin expected to expand Northern White Sand market share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1529628/000152962821000204/0001529628-21-000204-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1529628/000152962821000204/snd-20211109.htm
  HTML page:      https://secwatch.observer/filing/0001529628-21-000204

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