---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-013979"
form_type: "8-K"
ticker: "SMID"
cik: "0000924719"
company_name: "SMITH MIDLAND CORP"
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T08:24:30.427232+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Smith-Midland Q3 revenue up 31% to $15.7M, net income $1.3M vs $5k

## Summary
- Revenue $15.7M (+31% YoY); product sales up 54% to $10.9M.
- Gross margin 22.9% (up 550 bps); operating income $1.5M vs $4k.
- Net income $1.3M ($0.24 diluted EPS) vs $5k ($0.00) in Q3 2022.
- Backlog $60.2M; awarded $6.8M Baltimore Harbor Tunnel and $1.6M I-64 barrier rental.
- Fourth consecutive quarter of double-digit revenue growth; outlook positive for 2023.

## SEC filing metadata
- accession: 0001654954-23-013979
- form_type: 8-K
- ticker: SMID
- cik: 0000924719
- company_name: SMITH MIDLAND CORP
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/924719/000165495423013979/0001654954-23-013979-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/924719/000165495423013979/smid_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-013979
- JSON: https://secwatch.observer/filing/0001654954-23-013979.json
- Plain text: https://secwatch.observer/filing/0001654954-23-013979.txt

## Key facts
- Earnings Releases
  SMITH MIDLAND CORP reported Third Quarter 2023 results: revenue $15.7 million, net income $1.3 million, EPS $0.24 per diluted share.
  - Period: Third Quarter 2023
  - Revenue: $15.7 million
  - Net income: $1.3 million
  - EPS: $0.24 per diluted share
  - Result: reported results
  source text: Smith-Midland Reports Third Quarter 2023 Financial Results Revenue Increased 31% to $15.7 Million; Backlog Remains Strong Over $60 Million
  evidence_url: https://www.sec.gov/Archives/edgar/data/924719/000165495423013979/0001654954-23-013979-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.