U.S. Silica (SLCA) Reports In-Line Q4 EPS, Revenues Beat

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Go back to U.S. Silica (SLCA) Reports In-Line Q4 EPS, Revenues Beat

U.S. Silica Holdings, Inc. Announces Fourth Quarter and Full Year 2019 Results

February 25, 2020 6:00 AM EST

KATY, Texas, Feb. 25, 2020 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) today announced a net loss of $292.9 million, or $3.99 per basic and diluted share, for the fourth quarter ended December 31, 2019, compared with a net loss of $256.1 million, or $3.44 per basic and diluted share, for the fourth quarter of 2018. The fourth quarter results were negatively impacted by $363.7 million or $3.76 per share in impairment expenses, $1.3 million or $0.01 per share in costs related to plant startup and expansion expenses, $16.3 million or $0.17 per share related to merger and acquisition expenses, $2.1 million or $0.02 per... More