earnings
confidence high
sentiment negative
materiality 0.75
Smart Sand Q1 net loss $24.2M; revenue $65.6M, down 21% YoY
Smart Sand, Inc.
2025-Q1 EPS
reported -$0.62
vs consensus $0.04
▼ miss
(-1634.7%)
- Net loss of $24.2M ($0.62 loss per share) vs. net income $3.7M in Q4 2024 and net loss $0.2M in Q1 2024.
- Revenue $65.6M, down from $83.1M YoY; tons sold 1.07M (-20% YoY) due to winter slowdown and strong Q4 2024.
- Adjusted EBITDA $1.4M, down from $9.3M YoY; contribution margin $9.6M ($8.96/ton) vs. $18.5M ($13.85/ton) YoY.
- Free cash flow positive at $5.2M; Q2 volumes expected to rise 10-20%; full-year guidance deferred.
- Repurchased 135k shares for $0.3M in Q1; $9.7M remaining under $10M buyback program.