Highest-materiality recent filing
Smith-Midland posts investor presentation; no specific financial details in filing
Presentation materials dated Aug 26, 2026 furnished as Exhibit 99.1 under Item 7.01.
Smith-Midland Q2 revenue falls to $23.4M, EPS $0.26; backlog up 19% to $57.4M
Q2 revenue $23.4M vs $26.2M; net income $1.4M ($0.26/diluted) vs $4.2M ($0.79) YoY.
Smith-Midland Corporation announces shareholder vote results from 2026 annual meeting
Ashley B. Smith, James Russell Bruner, Matthew I. Smith, Read Van de Water, and Richard Gerhardt elected as directors with over 2.7 million votes each.
Smith-Midland furnishes investor presentation; no new material facts disclosed
Presentation materials posted for use beginning June 11, 2026.
Smith-Midland Q1 net income falls to $1.3M from $3.3M; product sales up 29%
Revenue $21.6M, down 5% YoY from $22.7M; product sales rose 29% to $11.8M.
Nasdaq notice dated May 29, 2026 for failure to file Q1 2026 10-Q by deadline.
Smith-Midland reports record FY2025 revenue $93.4M, net income up 63% to $12.5M
Q4 revenue $23.1M (+25% YoY); net income $2.1M ($0.40 EPS) vs $1.4M ($0.26 EPS).
Smith-Midland expects Q4 revenue up ~25% YoY, record full-year revenue and net income
Q4 2025 revenue expected $22-24M, up from $18.5M in Q4 2024.
Smith-Midland Q3 net income $2.9M ($0.54/sh) on revenue $21.5M; product sales up 11%
Revenue $21.5M vs $23.6M YoY; product sales increased 11% to $11.9M.
Smith-Midland files investor presentation materials; no specific financial data in filing
Company furnished presentation materials for use on/after August 27, 2025.
Smith-Midland Q2 revenue record $26.2M, net income doubles to $0.79 EPS
Revenue $26.2M (+33% YoY); net income $4.2M ($0.79 diluted EPS) vs. $2.0M ($0.37) prior year.
Smith-Midland Corporation announces results of annual shareholder meeting
All five director nominees elected: Ashley B. Smith (2,894,321 for), James Russell Bruner (2,586,256), Matthew I. Smith (2,801,623), Read Van de Water (2,798,223), Richard Gerhardt (2,613,505).
Smith-Midland Q1 revenue up 35% to $22.7M; net income triples to $3.3M (EPS $0.62)
Revenue $22.7M (+35% YoY); operating income $4.4M vs $1.5M; net income $3.3M ($0.62 diluted EPS) vs $1.1M ($0.21).
Smith-Midland regains Nasdaq compliance for 10-K but flagged for Q1 10-Q delay
Received Nasdaq letter on May 29, 2025 confirming compliance regained for 2024 10-K filed May 27.
Smith-Midland reports record annual revenue $78.5M, net income $7.7M
FY 2024 revenue up 32% to $78.5M; net income of $7.7M ($1.45 diluted EPS) vs $795K ($0.15) in FY 2023.
Smith-Midland receives Nasdaq non-compliance notice for late 10-K; appoints new CFO
Nasdaq notified SMID on Apr 17 of non-compliance with Listing Rule 5250(c)(1) due to late 10-K filing for FY2024.
Smith-Midland Q3 2024 revenue record $23.6M (+51% YoY); EPS $0.59 vs $0.24
Net income of $3.2M ($0.59 diluted EPS), up from $1.3M ($0.24) YoY; operating income $3.8M.
Smith-Midland Q2 2024 revenue record $19.6M, swing to profit $0.37/share
Revenue $19.6M, up 34% YoY; net income $2.0M ($0.37) vs net loss ($782K) ($0.15) in Q2 2023.
Smith-Midland holds annual meeting; all director nominees elected, auditor ratified
Ashley B. Smith, James Bruner, Matthew Smith, Read Van de Water, Richard Gerhardt elected with >2.8M for each.
Smith-Midland CFO Stephanie Poe resigns; former CFO AJ Krick named interim
CFO Stephanie Poe resigned effective July 17, 2024; resignation not due to any dispute with the company.
Smith-Midland furnishes updated investor presentation materials
Presentation materials dated July 2, 2024, furnished as Exhibit 99.1 to Form 8-K.
Smith-Midland Q1 revenue up 30% to $16.8M; net income $1.1M vs $0.08M
Revenue $16.8M (+30% YoY); net income $1.1M ($0.22 diluted EPS) vs $0.08M ($0.02) prior year.
Smith-Midland receives Nasdaq non-compliance notice for late Q1 10-Q; regains compliance on 10-K
On May 22, 2024, Nasdaq notified Smith-Midland of non-compliance with listing rule 5250(c)(1) due to late filing of Q1 2024 10-Q.
Smith-Midland reports record annual revenue $59.6M in 2023; backlog rises to $60.8M
Q4 2023 revenue $16.4M (+13% YoY); net income $230K ($0.04 EPS) vs $5K in prior-year quarter.
Smith-Midland receives Nasdaq delisting notice for late 10-K filing
Nasdaq notified Smith-Midland on April 19, 2024 of non-compliance with Listing Rule 5250(c)(1) for failure to file 2023 Form 10-K.
Smith-Midland signs change-of-control severance pact with CFO Stephanie Poe
Agreement provides one year of base salary in monthly installments upon qualifying termination.
Smith-Midland appoints Van de Water and Matthew Smith to board; Taylor retires
Wesley A. Taylor retired from board on Dec 21, 2023; served as director since 1994.
Smith-Midland renews $5M line of credit and $1.5M equipment line with Summit Community Bank
Renewed $5M revolving line of credit with Summit Community Bank; no advances drawn to date.
Smith-Midland provides investor presentation; no specific financial data disclosed
Presentation materials dated Nov 17, 2023 furnished under Regulation FD.
Smith-Midland Q3 revenue up 31% to $15.7M, net income $1.3M vs $5k
Revenue $15.7M (+31% YoY); product sales up 54% to $10.9M.
Smith-Midland amends bylaws to update director nominations and adopt forum selection clause
Bylaw amendments effective October 25, 2023 include updates for SEC Rule 14a-19 compliance (universal proxy).
Smith-Midland holds annual meeting; all director nominees elected
All four director nominees (Ashley Smith, Wesley Taylor, James Bruner, Richard Gerhardt) were elected with substantial majorities.
Smith-Midland Q2 revenue up 11% to $14.7M but net loss of $782K due to panel rework and wire fraud
Revenue $14.7M (+11% YoY); product sales $10.7M (+58% YoY) driven by Soundwall and SlenderWall.
Smith-Midland postpones 2023 Annual Meeting to October 25, 2023
Meeting moved from July 26 to October 25, 2023; record date set as August 31, 2023.
Smith-Midland receives Nasdaq delisting notice for late Q2 10-Q; appoints BDO as new auditor
Nasdaq notice for non-compliance with Listing Rule 5250(c)(1) due to late Form 10-Q for June 30, 2023.
Smith-Midland auditor FORVIS resigns; material weakness disclosed
FORVIS, LLP ceased as independent auditor for Smith-Midland effective May 24, 2023.
Smith-Midland Q1 revenue up 23% to $12.8M; net income $0.02/share, backlog $51.4M
Revenue $12.8M (+23% YoY); product sales $8.2M (+41%), service revenue flat at $4.6M.
Smith-Midland Q4 revenue up 45% to $14.5M; record backlog of $52.4M
Q4 net income $4K (breakeven diluted EPS); full-year net income $800K ($0.15 EPS) vs $7.6M ($1.45) in 2021.
Board adopted amendment to By-Laws effective Feb 8, 2023, removing cause requirement for director removal.
Smith-Midland CFO Krick resigning; Controller Poe promoted to CFO effective Jan 1, 2023
CFO Adam J. Krick resigned effective Jan 1, 2023 to start his own CPA firm; will serve as consultant for transition.
Smith-Midland Q3 net income $5K on revenue $12M; backlog hit record $51.4M
Revenue $12.0M (down 8.4% YoY); net income $5K ($0.00 EPS) vs $3.7M ($0.71) including $2.7M PPP gain.
Smith-Midland Q2 revenue up 8% to $13.3M; EPS $0.17 vs $0.19; backlog jumps 37% to $35.7M
Net income $0.9M ($0.17 diluted EPS) vs $1.0M ($0.19) in Q2 2021.
Smith-Midland stockholders re-elect four directors and ratify FORVIS as auditor
Each director received over 1.2 million votes for; non-votes of ~1.18M on all director elections.
Smith-Midland's independent auditor changes to FORVIS after DHG merger with BKD
DHG merged with BKD on June 1, 2022; combined firm now operates as FORVIS, LLP.
Smith-Midland Q1 revenue down 31% to $10.4M; net loss $0.1M vs prior year profit
Revenue $10.4M (down 31% YoY); operating loss $0.2M vs operating income $3.8M in Q1 2021.
Smith-Midland dismisses BDO as auditor, engages Dixon Hughes Goodman for FY2022
Audit Committee approved engagement of DHG and dismissed BDO on April 4, 2022, effective for FY2022.
Smith-Midland posts record FY2021 EPS of $1.45, revenue up 15% YoY
Net income for FY2021 grew 184% to $7.6M ($1.45 EPS) vs $0.51; PPP loan forgiveness contributed $0.51 EPS.
Smith-Midland issues $2.8M promissory note at 4.09% for Virginia real estate
$2,805,000 note payable to Summit Community Bank, fixed 4.09% interest rate, 15-year term.
Smith-Midland appoints Ashley B. Smith as Chairman; Rodney I. Smith retires after 62 years
Rodney I. Smith retired as Chairman and director on January 17, 2022, after 62 years of service.
Closed purchase of two parcels (29.79 acres) from Leonard and Al-Mara Farm for $3.3M on Nov 15, 2021.
On April 17, 2025, Dominic L. Hunter, age 62, commenced employment as Chief Financial Officer of the Company.
On June 27, 2024, Stephanie Poe, Chief Financial Officer, Secretary and Treasurer of Smith-Midland Corporation (the “Company”), notified the Company of her decision to resign from her positions with the Company, effective July 17, 2024.
On December 21, 2023, Wesley A. Taylor retired from the Board of Directors of Smith-Midland Corporation (the “Company”)
On December 27, 2023, Mr. Matthew Smith was appointed as a member of the Board of Directors of the Company.
Ms. Read Van de Water was appointed as a director to fill the vacancy resulting from Mr. Taylor’s retirement.
On December 12, 2022, Adam J. Krick, Chief Financial Officer, Secretary and Treasurer of Smith-Midland Corporation (the “Company”), notified the Company of his decision to resign from his positions with the Company, effective January 1, 2023.
On December 12, 2022, the Board of Directors of the Company promoted Stephanie Poe, the Company’s Controller, to the positions of Chief Financial Officer, Secretary and Treasurer of the Company, effective January 1, 2023.
On January 17, 2022, Rodney I. Smith retired as Chairman and as a member of the Board of Directors of Smith-Midland Corporation (the “Company”).
Max materiality 0.80 · Median 0.60 · Most common event earnings