FMSA Holdings Inc. (FMSA) Q3 Prelim. Revenue Tops Views

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Go back to FMSA Holdings Inc. (FMSA) Q3 Prelim. Revenue Tops Views

Fairmount Santrol Announces Preliminary Third-Quarter 2016 Results

October 19, 2016 4:20 PM EDT

Company intends to release full quarterly financial results on November 3, 2016

Total volumes approximated 2.4M tons, a more than 20% increase over second quarter 2016EPS loss of $(0.11) to $(0.13), which has not been adjusted for $10M, or $0.04 per diluted share, of railcar restructuring feesAdjusted EBITDA loss of $5M to $7M, which has not been adjusted for $10M of railcar restructuring feesCompleted a comprehensive railcar restructuring for the above $10M in fees, which decreases cash operating costs by approximately $15M through the end of 2017, cancels approximately $50M of railcar... More