Smith-Midland Corporation (NASDAQ: SMID), a leading provider of innovative precast concrete products, announced its preliminary results for the fourth quarter and full year ended December 31, 2025. The company expects fourth quarter revenues to be between $22 million and $24 million, marking a substantial increase from $18.5 million in the same quarter of the previous year. This growth is attributed to higher product sales and increased shipping and installation revenue. Additionally, Smith-Midland anticipates a record full-year revenue of approximately $92 million to $94 million, representing an 18% increase from 2024 at the midpoint. The company also expects to report record net income for the year, subject to final adjustments. Ashley Smith, Chairman and CEO, stated, "2025 has been another banner year for Smith-Midland, as we expect to report new record top and bottom-line results after setting new highs last year. Our results reflect continued demand supported by federal and state infrastructure spending as well as disciplined execution of our growth strategy, including strategic expansion of our rental barrier fleet and product sales initiatives, to further strengthen our market position." The company plans to file its final results in its Form 10-K with the SEC by March 31, 2026.



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