U.S. Silica (SLCA) Tops Q3 EPS by 5c
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U.S. Silica Holdings, Inc. Announces Third Quarter 2017 Results
November 6, 2017 5:05 PM ESTFREDERICK, Md., Nov. 6, 2017 /PRNewswire/ --Â U.S. Silica Holdings, Inc. (NYSE: SLCA) today announced net income of $41.3 million or $0.51 per basic share, or $0.50 per diluted share, for the third quarter ended Sept. 30, 2017 compared with a net loss of $11.3 million or $(0.17) per basic and diluted share for the third quarter of 2016. The third quarter results were negatively impacted by $2.4 million in business development related expenses. Excluding this expense, net of the $0.9 million tax effect, EPS was $0.53 per basic share for the quarter.
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