---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-007630"
form_type: "8-K"
ticker: "SMID"
cik: "0000924719"
company_name: "SMITH MIDLAND CORP"
filed_at: "2024-06-12T23:59:59+00:00"
generated_at: "2026-06-01T04:57:50.493937+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Smith-Midland Q1 revenue up 30% to $16.8M; net income $1.1M vs $0.08M

## Summary
- Revenue $16.8M (+30% YoY); net income $1.1M ($0.22 diluted EPS) vs $0.08M ($0.02) prior year.
- Product sales $10.8M (+30%); service revenue $6.0M (+31%), driven by soundwall and utility products.
- Gross margin improved 480 bps to 23% on higher production volume and fixed cost absorption.
- Backlog grew to $64.6M as of May 2024 from $51.4M a year ago, supported by data center and infrastructure demand.
- Started construction to double North Carolina plant; expects full-year sales increase on state/local infrastructure funding.

## SEC filing metadata
- accession: 0001654954-24-007630
- form_type: 8-K
- ticker: SMID
- cik: 0000924719
- company_name: SMITH MIDLAND CORP
- filed_at: 2024-06-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/924719/000165495424007630/0001654954-24-007630-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/924719/000165495424007630/smid_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-007630
- JSON: https://secwatch.observer/filing/0001654954-24-007630.json
- Plain text: https://secwatch.observer/filing/0001654954-24-007630.txt

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