FMSA Holdings Inc. (FMSA) Reports Q2 Loss Per Share of 54c

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Fairmount Santrol Announces Second-Quarter 2016 Results

August 4, 2016 6:29 AM EDT

Total volumes of 2.0 million tons down 8% sequentially Revenues of $114 million down 21% sequentiallyNet loss of $88 million, including the after-tax impact of $70 million from asset impairments, inventory write-downs, stock compensation expense and other chargesCompleted equity offering for total net proceeds of approximately $161 million

CHESTERLAND, Ohio, Aug. 04, 2016 (GLOBE NEWSWIRE) -- Fairmount Santrol (NYSE: FMSA), a leading provider of high-performance sand and sand-based products, today announced results for the second quarter of 2016.   

Second-Quarter 2016 Results

Second-quarter 2016 revenues were... More