earnings
confidence high
sentiment neutral
materiality 0.65
Smart Sand Q1 revenue $41.6M, net loss $5.9M; guides Q2 volumes up 25%+
Smart Sand, Inc.
2022-Q1 EPS reported
-$0.14
revenue$41,605,000
- Revenue $41.6M (+18% seq; +51% YoY).
- Net loss $5.9M ($0.14/sh) vs $12.2M ($0.29) in Q4'21 and $3.9M ($0.09) in Q1'21.
- Contribution margin $4.3M ($4.99/ton) vs $1.9M ($2.18/ton) in Q4'21.
- Expects Q2 volume up ≥25% seq; FY22 capex $25-30M incl $6.5M Blair facility.