05:43 PM EDT, 05/07/2025 (MT Newswires) -- LandBridge Company ( LB ) late Wednesday reported Q1 net income of $15.5 million, up from $10.8 million a year ago.

Revenue grew to $44.0 million from $19.0 million a year earlier.

Analysts polled by FactSet expected $43.7 million.

The company kept its quarterly dividend at $0.10 per share, payable June 19 to holders of record June 5.

LandBridge ( LB ) also reaffirmed its full-year 2025 adjusted EBITDA guidance of $170 million to $190 million.

Shares were down about 1.2% in after-hours trading.