Smart Sand Inc: Rises on Q4 revenue beat

Smart Sand

14/03/2019 13:45

** Frack sand miner's shares  SND.O  surge 11 pct to $3.31 
    ** Company's Q4 revenue beats est by nearly $4 mln,
according to IBES data from Refinitiv
    ** Beat driven by an increase in average selling price per
ton  urn:newsml:reuters.com:*:nGNXT0PX
    ** SND sees 2019 capex in the range of $30 mln to $40 mln
    ** Co's 2018 capex totaled ~$126 mln, including acquisitions
    ** Stock has risen ~34 pct YTD

 (Reporting by John Benny in Bengaluru)
 ((John.Benny@thomsonreuters.com; +1 646-223-8780; Reuters
Messaging: John.Benny.thomsonreuters.com@reuters.net))