Fairmount Santrol (FMSA) Tops Q1 EPS by 5c
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Fairmount Santrol Announces First-Quarter 2016 Results
May 10, 2016 6:30 AM EDTCompared to fourth-quarter 2015, total Company volumes were up 10%, with Proppant Solutions volumes up 12% and Industrial & Recreational volumes up 6% 71% of Northern White frac sand volumes shipped via unit trainRevenues of $145.5 million up 8% sequentiallyNet loss of $11.8 million, with Adjusted EBITDA of $10.0 million, up from $4.7 million of Adjusted EBITDA in fourth-quarter 2015In second-quarter 2016, approximately $70 million of the Companys B-1 term loan was extended to July 2018, reducing March 2017 maturity to $17 million
CHESTERLAND, Ohio, May 10, 2016 (GLOBE NEWSWIRE) -- Fairmount Santrol (NYSE: FMSA), a leading... More
