secwatch.observer — SEC 8-K summary
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Issuer:     Smart Sand, Inc. (SND)
CIK:        0001529628
Form:       8-K
Filed at:   2025-03-04T23:59:59+00:00
Accession:  0001529628-25-000024
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Smart Sand reports record annual volumes; Q4 net income $3.7M, EPS $0.10
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- Full year 2024 revenue $311.4M (+5% YoY); tons sold 5.26M (+17% YoY) – both record highs.
- Q4 2024 revenue $91.4M (+45% sequentially); net income $3.7M ($0.10 EPS) vs Q3 net loss $0.1M.
- Full year net income $3.0M ($0.08 EPS) down from $4.6M in 2023; operating income improved to $3.0M from loss.
- Generated $10.9M free cash flow in 2024; cash $1.6M, $30M undrawn credit facility; paid $0.10 special dividend.
- 2025 guidance: sales volumes flat to +5% vs 2024; capex $13-17M; expects positive free cash flow.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1529628/000152962825000024/0001529628-25-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1529628/000152962825000024/snd-20250303.htm
  HTML page:      https://secwatch.observer/filing/0001529628-25-000024

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