secwatch.observer — SEC 8-K summary
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Issuer:     Smart Sand, Inc. (SND)
CIK:        0001529628
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001529628-23-000116
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Smart Sand Q3 2023 revenue $76.9M, net income $6.7M; tons sold up 12% YoY
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- Revenue $76.9M (up from $71.6M YoY); net income $6.7M ($0.18 EPS) vs $2.7M YoY.
- Adjusted EBITDA $13.3M, up from $11.3M YoY; gross profit $14.4M vs $11.4M YoY.
- Tons sold ~1,219,000, +10% sequential and +12% YoY; contribution margin $17.20/ton.
- Free cash flow $5.6M in Q3; FY2023 capex estimated at $20-23M.
- Cash on hand $9.3M and $19.0M undrawn ABL commitment as of Sep 30, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1529628/000152962823000116/0001529628-23-000116-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1529628/000152962823000116/snd-20231107.htm
  HTML page:      https://secwatch.observer/filing/0001529628-23-000116

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