United States Lime & Minerals Reports First Quarter 2025 Results and Declares Regular Quarterly Cash Dividend

Financial Performance - Company reported revenues of $91.3 million in Q1 2025, an increase of$19.6 million or 27.3% compared to $71.7 million in Q1 2024, driven by higher sales volumes and average selling prices of lime and limestone products [1] - Gross profit for Q1 2025 was$46.2 million, up $15.5 million or 50.8$30.6 million in Q1 2024, primarily due to increased revenues [2] - Net income reached $34.1 million ($1.19 per diluted share) in Q1 2025, reflecting an increase of $11.7 million or 52.0$22.4 million (0.78 per diluted share) in Q1 2024 [5] Expenses - Selling, general and administrative (SG&A) expenses were 6.3 million in Q1 2025, an increase of $1.4 million or 29.2$4.8 million in Q1 2024, mainly due to higher personnel expenses including stock-based compensation [3] Other Income - Other (income) expense, net was $3.1 million in Q1 2025, an increase of$0.6 million from $2.5 million in Q1 2024, attributed to interest earned on higher average cash balances [4] Dividend Announcement - Company declared a quarterly cash dividend of$0.06 per share, payable on June 13, 2025, to shareholders of record by May 23, 2025 [7] Company Overview - United States Lime & Minerals, Inc. is a manufacturer of lime and limestone products, serving various industries including construction, industrial, environmental, metals, agriculture, and oil and gas services [8]