U.S. Silica (SLCA) Misses Q2 EPS by 5c, Miss on Revenues

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Go back to U.S. Silica (SLCA) Misses Q2 EPS by 5c, Miss on Revenues

U.S. Silica Holdings, Inc. Announces Second Quarter 2018 Results

July 31, 2018 6:00 AM EDT

KATY, Texas, July 31, 2018 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) today announced net income of $17.6 million or $0.23 per basic and $0.22 per diluted share for the second quarter ended June 30, 2018, compared with net income of $29.5 million or $0.36 per basic and diluted share for the second quarter of 2017. The second quarter results were negatively impacted by $17.6 million or $0.17 per share in M&A related expenses, asset impairment charges of $16.2 million or $0.16 per share to close the Company's resin coating facility and $10.7 million or $0.10 per share in costs related to plant... More