Smart Sand Reports Profit in Q3

Special Cash Dividend Announcement: Smart Sand, Inc. has declared a special cash dividend of $0.05 per share, payable on December 16, 2025, to stockholders of record as of December 2, 2025.

Commitment to Stockholder Value: CEO Charles Young emphasized the company's focus on managing costs and maximizing efficiencies to continue returning value to stockholders in the future.

Company Overview: Smart Sand is a fully integrated frac and industrial sand supply company, producing high-quality Northern White sand for hydraulic fracturing and various industrial applications.

Logistics and Operations: The company operates premium sand mines in Wisconsin and Illinois, with logistics solutions that include in-basin transloading terminals and wellsite storage capabilities, enabling product delivery across the U.S. and Canada.

Earnings Report: Smart Sand, Inc. reported earnings of $3 million or $0.08 per share for the third quarter, a significant improvement from a loss of $0.1 million or $0 per share in the same period last year.

Revenue Growth: The company's revenues increased to $92.8 million from $63.2 million year over year, driven by higher sales volumes and average selling prices.

Sales Volume Increase: Tons sold rose by 24% year over year, reaching 1,472,000 tons compared to 1,189,000 tons in the previous year.

Stock Performance: On the Nasdaq, SND shares closed at $2.33, reflecting a 4.72% increase.