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

Core Insights - United States Lime & Minerals, Inc. reported a strong financial performance in Q1 2025, with revenues increasing by 27.3% year-over-year to $91.3 million, driven by higher sales volumes and average selling prices of lime and limestone products [1][6] - The company's gross profit rose by 50.8$46.2 million, reflecting the revenue growth [2] - Net income for Q1 2025 was $34.1 million, a 52.0$22.4 million in Q1 2024, translating to $1.19 per diluted share [5] Revenue and Profitability - Revenues in Q1 2025 were$91.3 million, up from $71.7 million in Q1 2024, an increase of$19.6 million [1] - Gross profit increased to $46.2 million from$30.6 million, an increase of $15.5 million [2] - Operating profit for the quarter was$39.9 million, compared to 25.8 million in the previous year [12] Expenses - Selling, general and administrative (SG&A) expenses rose to 6.3 million in Q1 2025 from $4.8 million in Q1 2024, an increase of 29.2$3.1 million in Q1 2025 from $2.5 million in Q1 2024, primarily due to interest earned on higher cash balances [4] Dividend Announcement - The Board of Directors 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]