U.S. Silica (SLCA) Tops Q1 EPS by 8c

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Go back to U.S. Silica (SLCA) Tops Q1 EPS by 8c

U.S. Silica Holdings, Inc. Announces First Quarter 2016 Results

April 26, 2016 4:30 PM EDT

FREDERICK, Md., April 26, 2016 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) today announced a net loss of $10.7 million or $(0.20) per basic share for the first quarter ended March 31, 2016 compared with net income of $14.8 million or $0.28 per basic share for the first quarter of 2015. The first quarter results were negatively impacted by $2.2 million in restructuring costs for actions designed to help bring the business more in line with current market conditions and business development expenses, partially offset by a $1.5 million gain... More