U.S. Silica (SLCA) Misses Q3 EPS by 54c, Revenues Miss

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Go back to U.S. Silica (SLCA) Misses Q3 EPS by 54c, Revenues Miss

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

October 23, 2018 6:00 AM EDT

KATY, Texas, Oct. 23, 2018 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) today announced net income of $6.3 million or $0.08 per basic and diluted share for the third quarter ended September 30, 2018, compared with net income of $41.3 million or $0.51 per basic and $0.50 per diluted share for the third quarter of 2017. The third quarter results were negatively impacted by $8.3 million or $0.08 per share in M&A related expenses, including $7.0 million of purchase accounting related to the acquisition of EP Minerals, $25.0 million or $0.25 per share in costs related to plant startup and expansion expenses, $1.9 million or... More