Fairmount Santrol (FMSA) Reports In-Line Q4 EPS
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Fairmount Santrol Announces Fourth-Quarter and Full-Year 2016 Results
March 9, 2017 6:30 AM ESTFOURTH-QUARTER HIGHLIGHTS
Volumes of 2.4 million tons similar to the prior quarter, including Proppant Solutions volumes of 1.8 million tons up 5% sequentiallyRevenues of $140.5 million up 4% sequentially, including Proppant Solutions revenues of $113.4 million up 10% sequentiallyCompleted primary equity offering in October 2016, generating net proceeds of $278 millionRetired $302 million of long-term debt through repurchases and prepaymentsCHESTERLAND, Ohio, March 09, 2017 (GLOBE NEWSWIRE) -- Fairmount Santrol (NYSE: FMSA), a leading provider of high-performance sand and sand-based product solutions, today announced results for the fourth quarter and full year... More
