U.s. silica holdings, inc. reports first quarter 2024 results

Gaap and adjusted eps for the quarter of $0.17 and $0.20 per diluted share, respectively industrial and specialty products segment contribution margin increased 7% year over year total tonnage sold companywide increased 6% sequentially cash flow from operations of $40.9 million for the quarter completed term loan repricing and extinguished additional $25 million of debt received credit rating upgrades from moody's and s&p global company enters into definitive agreement to be acquired by apollo funds for $1.85 billion katy, texas , april 26, 2024 /prnewswire/ -- u.s. silica holdings, inc. (nyse: slca) (the "company"), a diversified industrial minerals company and the leading last-mile logistics provider to the oil and gas industry, today announced its first quarter results for the period ended march 31, 2024. as separately announced, u.s. silica has entered into a definitive agreement to be acquired by funds managed by affiliates of apollo global management, inc. (nyse: apo) (the "apollo funds") in an all-cash transaction that values the company at an enterprise value of approximately $1.85 billion.
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