FMSA Holdings Inc. (FMSA) Misses Q4 EPS by 1c, Doesn't Provide Outlook

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Fairmount Santrol Announces Fourth-Quarter and Full-Year 2015 Results

March 10, 2016 6:30 AM EST

Fourth-quarter 2015 total company volumes down 5% sequentially, I&R volumes down 3% sequentially and Proppant Solutions volumes down 7% sequentially with frac sand volumes down 4% sequentially and coated proppant volumes down 26% sequentially75% of fourth-quarter Northern White frac sand volumes shipped via unit trainFull-year 2015 total volumes of 8.5 million tons down 12%, with raw frac sand volumes of 5.4 million tons down 5%, compared with 2014Full-year 2015 revenue of $828.7 millionFull-year free cash flow of $122.0 million, after capital expenditures of $113.8 million, and resulting in cash balance of $171.5 million at December 31, 2015... More