earnings
confidence high
sentiment positive
materiality 0.65
Smart Sand Q3 2022 revenue $71.6M, net income $2.7M, EPS $0.06
Smart Sand, Inc.
2022-Q3 EPS reported
-$0.08
revenue$181,911,000
- Revenue $71.6M vs $34.5M YoY; net income $2.7M vs loss of $7.3M in Q3 2021.
- Adjusted EBITDA $11.3M, up from $9.2M Q2 2022 and $(1.0)M Q3 2021.
- Tons sold 1.11M, down 7% sequentially but up 41% YoY; contribution margin $17.8M.
- Free cash flow positive $6.4M; cash $10.4M; $13.0M undrawn ABL availability.
- Full-year 2022 capex guidance $20-25M, including Blair facility acquisition.