Smith-Midland Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 0.7 million compared to USD 1.96 million a year ago. Revenue was USD 14.7 million compared to USD 13.25 million a year ago. Net loss was USD 0.782 million compared to net income of USD 0.91 million a year ago. Basic loss per share from continuing operations was USD 0.15 compared to basic earnings per share from continuing operations of USD 0.17 a year ago. Diluted loss per share from continuing operations was USD 0.15 compared to diluted earnings per share from continuing operations of USD 0.17 a year ago.
For the six months, sales was USD 1.82 million compared to USD 3.45 million a year ago. Revenue was USD 27.54 million compared to USD 23.69 million a year ago. Net loss was USD 0.701 million compared to net income of USD 0.791 million a year ago. Basic loss per share from continuing operations was USD 0.13 compared to basic earnings per share from continuing operations of USD 0.15 a year ago. Diluted loss per share from continuing operations was USD 0.13 compared to diluted earnings per share from continuing operations of USD 0.15 a year ago.