U.S. Silica (SLCA) Tops Q2 EPS by 3c

U.S. Silica (NYSE: SLCA) reported Q2 EPS of ($0.19), $0.03 better than the analyst estimate of ($0.22). Revenue for the quarter came in at $117 million versus the consensus estimate of $114.94 million.

"I'm very pleased with our overall performance in the quarter, especially given the continued headwinds we are facing in our oil and gas business,'' said Bryan Shinn, president and chief executive officer. "Our industrial business had one of the best quarters in its 116-year history, we generated positive operating cash flow and subsequent to the end of the quarter used our best-in-class balance sheet to facilitate an accretive acquisition that enables us to profitably increase our market share in oil and gas.''

For earnings history and earnings-related data on U.S. Silica (SLCA) click here.

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