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Basic Materials | Industrial Metals & Minerals | USA
Smart Sand rises ~7% (pre-market ) post Q4 results
Smart Sand (NASDAQ:SND) rises ~7.1% in pre-market on Q4 earnings beat; the company it had a good quarter and responded well to the challenging conditions in Q4, also, investment in the Van Hook terminal in the Bakken is a strong contributor to the operating performance.
Revenues increased 21% to $52.2M primarily due to increase in average selling price per ton, offset by lower volumes .
Overall tons sold were ~610,000, down 14% Y/Y.
Gross margin expands from 23% to 35%, with adj. EBITDA margin increased from 21% to 36%.
Contribution margin per ton increases 110% to $37.34.
Ended the period with ~$1.5M of cash and $15.5M available under Credit Facility.
Authorizes share repurchase of up to 2,000,000 shares through the twelve month period following the announcement of such program.
Estimates FY 19 capital expenditures of ~$30M-$40M
...
https://seekingalpha.com/news/3442758-sm...q4-results
![[Bild: SNDc1dl0920.png]](https://finviz.com/publish/031419/SNDc1dl0920.png)
Smart Sand rises ~7% (pre-market ) post Q4 results
Smart Sand (NASDAQ:SND) rises ~7.1% in pre-market on Q4 earnings beat; the company it had a good quarter and responded well to the challenging conditions in Q4, also, investment in the Van Hook terminal in the Bakken is a strong contributor to the operating performance.
Revenues increased 21% to $52.2M primarily due to increase in average selling price per ton, offset by lower volumes .
Overall tons sold were ~610,000, down 14% Y/Y.
Gross margin expands from 23% to 35%, with adj. EBITDA margin increased from 21% to 36%.
Contribution margin per ton increases 110% to $37.34.
Ended the period with ~$1.5M of cash and $15.5M available under Credit Facility.
Authorizes share repurchase of up to 2,000,000 shares through the twelve month period following the announcement of such program.
Estimates FY 19 capital expenditures of ~$30M-$40M
...
https://seekingalpha.com/news/3442758-sm...q4-results
