secwatch.observer — SEC 8-K summary
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Issuer:     Smart Sand, Inc. (SND)
CIK:        0001529628
Form:       8-K
Filed at:   2022-05-11T23:59:59+00:00
Accession:  0001529628-22-000068
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Smart Sand Q1 revenue $41.6M, net loss $5.9M; guides Q2 volumes up 25%+
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1529628/000152962822000068/0001529628-22-000068-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1529628/000152962822000068/snd-20220511.htm
  HTML page:      https://secwatch.observer/filing/0001529628-22-000068

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer