secwatch.observer — SEC 8-K summary
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Issuer:     SMITH MIDLAND CORP (SMID)
CIK:        0000924719
Form:       8-K
Filed at:   2022-08-11T23:59:59+00:00
Accession:  0001654954-22-011027
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Smith-Midland Q2 revenue up 8% to $13.3M; EPS $0.17 vs $0.19; backlog jumps 37% to $35.7M
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- Net income $0.9M ($0.17 diluted EPS) vs $1.0M ($0.19) in Q2 2021.
- Barrier sales more than doubled to $2.3M; barrier rental revenue rose 66% to $2.0M.
- Backlog at Aug 1, 2022 was $35.7M, up 37% YoY; $8.9M in contracts awarded post-quarter.
- Cash $12.4M, debt $6.7M as of June 30; capital spending $2.0M in H1 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924719/000165495422011027/0001654954-22-011027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924719/000165495422011027/smid_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-22-011027

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