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Smart Sand, Inc. Announces Second Quarter 2019 Results
2Q 2019 revenue of $67.9 million
2Q 2019 total tons sold of approximately 741,000
2Q 2019 net income of $14.3 million
2Q 2019 Adjusted EBITDA of $26.2 million
2Q 2019 Contribution Margin of $31.0 million
2Q 2019 Contribution Margin per ton of $41.80
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Net income was $14.3 million, or $0.36 per basic and diluted share, for the second quarter of 2019, compared with net income of $4.0 million, or $0.10 per basic and diluted share, for the first quarter of 2019 and net income of $10.0 million, or $0.25 per basic and diluted share, for the second quarter of 2018. The increased net income in the second quarter of 2019 is primarily attributable to higher shortfall revenues and strong in-basin sales along with lower operating costs in connection with “right sizing” the operations to match current sales volumes as compared to the prior quarters, respectively.
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https://finance.yahoo.com/news/smart-san...ccounter=1
![[Bild: SNDc1dl0757.png]](https://finviz.com/publish/080719/SNDc1dl0757.png)
2Q 2019 revenue of $67.9 million
2Q 2019 total tons sold of approximately 741,000
2Q 2019 net income of $14.3 million
2Q 2019 Adjusted EBITDA of $26.2 million
2Q 2019 Contribution Margin of $31.0 million
2Q 2019 Contribution Margin per ton of $41.80
...
Net income was $14.3 million, or $0.36 per basic and diluted share, for the second quarter of 2019, compared with net income of $4.0 million, or $0.10 per basic and diluted share, for the first quarter of 2019 and net income of $10.0 million, or $0.25 per basic and diluted share, for the second quarter of 2018. The increased net income in the second quarter of 2019 is primarily attributable to higher shortfall revenues and strong in-basin sales along with lower operating costs in connection with “right sizing” the operations to match current sales volumes as compared to the prior quarters, respectively.
...
https://finance.yahoo.com/news/smart-san...ccounter=1
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