U.S. Silica Holdings Inc. announced its fourth quarter and full-year results for the period ended Dec. 31, 2023. The company is reporting full-year 2023 net income of $146.9 million, an 88% year-over-year increase. Full-year 2023 total company contribution margin of $549.7 million represented a 16% year-over-year increase. Net income for the fourth quarter ended Dec. 31, 2023, was $29.1 million, or $0.37…
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U.S. Silica Holdings Appoints Jay Moreau Executive Vice President
U.S. Silica Holdings Inc. has appointed Jay Moreau as its executive vice president and chief operating officer effective August 14, 2023. Moreau will succeed Mike Winkler in his role as COO, as Winkler notified the company earlier this year of his planned retirement. To ensure an orderly transition, Winkler will continue with the Company in a strategic advisory role through…
Read MoreU.S. Silica Boasts Strong First Quarter; ‘Effectively Sold Out’ of Proppant
U.S. Silica Holdings Inc. announced revenue of $442.2 million for the first quarter of 2023, an increase of 7% compared with $412.9 million in the fourth quarter of 2022; and an increase of 45% when compared with the first quarter of 2022. Net income of $44.6 million for the first quarter of 2023 represents an increase of 41% compared with…
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