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Fairmount Santrol Announces Second-Quarter 2015 Results
August 11, 2015 7:30 AM EDTTotal Company volumes down 4% sequentially, Proppant Solutions volumes down 10% sequentially, with frac sand volumes down 7% sequentially Total revenue of $221.3 million, down 27% sequentially Total Adjusted EBITDA of $36.5 million, down 51% sequentially Net income of $14.1 million, or $0.08 per diluted share, after charges associated with restructuring and plant closures, and the benefit from change in full-year tax rate Free cash flow in the quarter of $66.6 million after capital expenditures brings cash balance to $175.5 million at June 30, 2015
CHESTERLAND, Ohio, Aug. 11, 2015 (GLOBE NEWSWIRE) -- Fairmount Santrol (NYSE:... More
