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United States Lime & Minerals(USLM) - 2024 Q3 - Quarterly Results

Financial Performance - The Company's revenues for Q3 2024 were 89.4million,a19.489.4 million, a 19.4% increase from 74.9 million in Q3 2023[1] - Lime and limestone revenues in Q3 2024 were 89.2million,up19.689.2 million, up 19.6% from 74.6 million in Q3 2023[1] - Gross profit for Q3 2024 was 43.1million,reflectinga53.143.1 million, reflecting a 53.1% increase from 28.2 million in Q3 2023[1] - Net income for Q3 2024 was 33.4million(33.4 million (1.16 per diluted share), a 60.9% increase from 20.7million(20.7 million (0.73 per diluted share) in Q3 2023[1] - For the first nine months of 2024, revenues were 237.7million,a10.2237.7 million, a 10.2% increase from 215.6 million in the same period of 2023[1] - The Company reported a gross profit of 108.5millionforthefirstninemonthsof2024,up36.9108.5 million for the first nine months of 2024, up 36.9% from 79.3 million in the same period of 2023[1] Expenses - Selling, general and administrative expenses for Q3 2024 were 5.0million,a14.35.0 million, a 14.3% increase from 4.4 million in Q3 2023[1] Dividends - The Company declared a regular quarterly cash dividend of 0.05pershare,payableonDecember13,2024[4]AssetsandEquityCurrentassetsincreasedto0.05 per share, payable on December 13, 2024[4] Assets and Equity - Current assets increased to 338.5 million as of September 30, 2024, compared to 254.9millionattheendof2023[6]Stockholdersequityroseto254.9 million at the end of 2023[6] - Stockholders' equity rose to 474.2 million as of September 30, 2024, compared to $393.1 million at the end of 2023[6]