USLM Q2 revenue up 22% to $74M, net income surges 92% to $19.7M; $0.20 dividend

UNITED STATES LIME & MINERALS INC

2023-Q2 EPS reported $6.46 revenue$140,760,000

Q2 2023 revenue $74.0M (+22.3% YoY); net income $19.7M ($3.45 diluted EPS) vs $10.2M ($1.80) YoY.
Lime/limestone revenue $73.7M (+23.6%); gross profit $27.1M (+64.6%) from higher prices and volumes from environmental and oil/gas customers.
CEO cites cost pressures from energy, parts, labor; notes softening steel demand and economic uncertainty for H2 2023.
Board declares regular quarterly cash dividend of $0.20/share, payable Sept 15, 2023 to holders of record Aug 25, 2023.
Six-month net income $36.8M ($6.46 diluted EPS) vs $18.9M ($3.33) YoY, up 94.7%.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

UNITED STATES LIME & MINERALS INC reported financial results for the quarter and six-months ended June 30, 2023.

Period: the quarter and six-months ended June 30, 2023
Result: reported results

Exact text from the filing

On August 2, 2023, United States Lime & Minerals, Inc. (the “Company”) issued a News Release announcing the financial results for the quarter and six-months ended June 30, 2023.

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Source: SEC EDGAR

accession 0001558370-23-012948

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