Smith-Midland Reports Strong Product Sales Growth
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Smith-Midland Corporation reported an 11% increase in product sales in Q3 2025, despite a revenue decline to $21.5 million. The company achieved a record nine-month net income of $2.9 million, with a gross margin of 26.8%. Growth was driven by demand for Soundwall and Easi-Set products, while service revenue declined. Smith-Midland anticipates continued growth through infrastructure initiatives and proprietary products, focusing on managing inflation and strategic growth to enhance shareholder value.
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