Business
Smart Sand, Inc. Announces First Quarter 2025 Results
Smart Sand, Inc. (NASDAQ: SND) (the "Company" or "Smart Sand"), a fully integrated frac and industrial sand supply and services company, a low-cost producer of high quality Northern White sand, a proppant logistics solutions provider through both its in-basin transloading terminals and SmartSystemsTM products and services, and a provider of industrial product solutions, today announced results for the first quarter of 2025.
About this update from Smart Sand, Inc.
[{"type":"list","items":[{"val":[{"type":"text","content":"1Q 2025 total tons sold of approximately 1.1 million","length":52,"tagName":"p"}]},{"val":[{"type":"text","content":"1Q 2025 revenue of $65.6 million ","length":32,"tagName":"p"}]},{"val":[{"type":"text","content":"1Q 2025 cash flow from operations of $8.7 million","length":49,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":133,"olType":false},{"type":"text","content":"YARDLEY, Pa., May 13, 2025 /PRNewswire/ -- Smart Sand, Inc. (NASDAQ: SND) (the "Company" or "Smart Sand"), a fully integrated frac and industrial sand supply and services company, a low-cost producer of high quality Northern White sand, a proppant logistics solutions provider through both its in-basin transloading terminals and SmartSystemsTM products and services, and a provider of industrial product solutions, today announced results for the first quarter of 2025.","length":490,"tagName":"p"},{"type":"image","alt":"Smart Sand, Inc. Logo (PRNewsfoto/Smart Sand, Inc.)","displaySize":"","headline":null,"caption":"Smart Sand, Inc. Logo (PRNewsfoto/Smart Sand, Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":355,"height":400,"url":"https://media.zenfs.com/en/prnewswire.com/44dd4158e7d381fd5f59c0ee6e9ca69a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/_1T2IDeA63x8kb6Y2FLABQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTc5NDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/44dd4158e7d381fd5f59c0ee6e9ca69a","width":355,"height":400}},"href":"https://mma.prnewswire.com/media/2359636/Smart_Sand_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""During the first quarter of 2025, Smart Sand continued to demonstrate its commitment to delivering positive free cash flow through the operating cycles of our business and returning value to our shareholders," stated Charles Young, Smart Sand's Chief Executive Officer. "In the quarter, the Company generated $5.2 million in free cash flow and repurchased 135 thousand shares. This follows a $0.10/share dividend we paid to shareholders in the fourth quarter of 2024."","length":493,"tagName":"p"},{"type":"text","content":""As expected, sales volumes moderated in the first quarter, following a record breaking fourth quarter in 2024, driven by our customers' strong year-end push. With a...