FMSA Holdings Inc. (FMSA) Tops Q3 EPS by 4c
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Fairmount Santrol Announces Third-Quarter 2016 Results
November 3, 2016 6:30 AM EDTTotal volumes of 2.4 million tons up 24% sequentially Revenues of $134.8 million up 18% sequentiallyNet loss of $20.6 million, including the pre-tax impact of $9.8 million in fees ($6.4 million after tax) from renegotiation of railcar contractsCompleted common stock offering of 30.25 million shares in October 2016 for net proceeds of approximately $277 million
CHESTERLAND, Ohio, Nov. 03, 2016 (GLOBE NEWSWIRE) -- Fairmount Santrol (NYSE: FMSA), a leading provider of high-performance sand and sand-based products, today announced results for the third quarter of 2016.
Third-Quarter 2016... More