U.S. Silica (SLCA) Tops Q2 EPS by 1c

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Go back to U.S. Silica (SLCA) Tops Q2 EPS by 1c

U.S. Silica Holdings, Inc. Announces Second Quarter 2015 Results

July 28, 2015 5:26 PM EDT

FREDERICK, Md., July 28, 2015 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) today announced net income of $10.0 million or $0.19 per basic and $0.18 per diluted share for the second quarter ended June 30, 2015 compared with net income of $28.7 million or $0.53 per basic share and diluted share for the second quarter of 2014. The second quarter earnings per share included a tax benefit of $0.12 per share, which was the result of an update to the estimated annual effective tax rate from 25% to 0%. Excluding the tax benefit, business development related expenses and restructuring... More