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.
APO Ratings Summary
APO Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission