Welcome to our dedicated page for United Sts Lime & Minerals news (Ticker: USLM), a resource for investors and traders seeking the latest updates and insights on United Sts Lime & Minerals stock.
United States Lime & Minerals Inc (USLM) provides essential lime and limestone products for construction, environmental management, and industrial applications. This news hub offers investors and industry professionals centralized access to official company announcements and market developments.
Track material events including quarterly earnings, production innovations, and strategic expansions through verified press releases. Our curated collection features updates on lime slurry applications, quarry operations, and regulatory compliance matters relevant to construction contractors, water treatment facilities, and metals manufacturers.
Key news categories include product line expansions, sustainability initiatives, and operational updates from USLM's subsidiaries across Arkansas, Texas, and other key regions. Discover how new quicklime applications or PLS system enhancements impact diverse sectors from agriculture to flue gas treatment.
Bookmark this page for reliable updates on USLM's role in infrastructure projects and industrial material supply chains. Check regularly for insights into lime market trends and the company's responses to evolving environmental regulations.
United States Lime & Minerals (NASDAQ: USLM) reported strong financial results for Q4 and full year 2024. Q4 revenues increased 21.9% to $80.1 million, while full-year revenues grew 12.9% to $317.7 million. The company's lime and limestone segment showed significant growth, with Q4 revenues up 22% to $79.8 million and full-year revenues rising 13% to $316.7 million.
Gross profit saw substantial improvements, with Q4 profit up 50.2% to $35.4 million and full-year profit increasing 40% to $144.0 million. Net income for Q4 reached $27.0 million ($0.94 per share), up 58.8%, while full-year net income grew 46% to $108.8 million ($3.79 per share).
The company completed a 5-for-1 stock split in July 2024 and declared an increased quarterly dividend of $0.06 per share, payable March 14, 2025.
United States Lime & Minerals (NASDAQ: USLM) reported strong Q3 2024 results with revenues of $89.4 million, up 19.4% from Q3 2023. The company's lime and limestone revenues increased by 19.6% to $89.2 million, driven by higher average selling prices and increased sales volumes. Net income rose 60.9% to $33.4 million ($1.16 per share diluted). Gross profit increased 53.1% to $43.1 million. The Board declared a quarterly cash dividend of $0.05 per share, payable December 13, 2024. The company also completed a 5-for-1 stock split in July 2024.
United States Lime & Minerals (NASDAQ: USLM) reported Q2 2024 results with revenues of $76.5 million, up 3.5% year-over-year. Net income increased 32.2% to $26.1 million ($0.91 per share diluted). For the first six months of 2024, revenues rose 5.3% to $148.2 million, with net income up 31.7% to $48.5 million ($1.69 per share diluted).
The company saw increased average selling prices for lime and limestone products, offset by decreased sales volumes, particularly in construction. Gross profit jumped 28.3% in Q2 and 28.0% for the first half. USLM also declared a quarterly dividend of $0.05 per share and effected a 5-for-1 stock split on July 12, 2024.
United States Lime & Minerals, Inc. (USLM) announced a 5-for-1 stock split to make its shares more affordable and increase liquidity. The split will issue four additional shares for each outstanding share, increasing the total outstanding shares from 5.7 million to 28.5 million. The split aims to benefit investors and employees by reducing bid and ask prices, with shares payable on July 12, 2024, to shareholders of record as of June 21, 2024.
United States Lime & Minerals, Inc. (NASDAQ: USLM) reported strong first quarter 2024 results with revenues of $71.7 million, a 7.4% increase from the previous year. The company's gross profit increased by 27.6% to $30.6 million, driven by higher selling prices and lower operating expenses. Net income rose by 31.2% to $22.4 million. The Board declared a quarterly cash dividend of $0.25 per share.
United States Lime & Minerals (NASDAQ: USLM) reported strong fourth quarter and full year 2022 results. Q4 revenues reached $58.3 million, a 26.4% increase from Q4 2021's $46.1 million. Total revenues for 2022 were $236.2 million, up 24.8% from $189.3 million in 2021. The company also announced a quarterly cash dividend of $0.20 per share, payable on March 17, 2023. Net income for Q4 2022 was $10.8 million ($1.90 per share diluted), marking a 41.8% increase year-over-year. Challenges included increased production costs, yet overall performance was buoyed by rising demand in construction, industrial, and oil and gas sectors.
