Fairmount Santrol Announces
Third-Quarter 2017 Results

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About Fairmount Santrol

Fairmount Santrol is one of the largest providers of high-performance sand and sand-based products used by oil and gas exploration and production companies to enhance the productivity of their wells.

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November 02, 2017 Fairmount Santrol Announces Third-Quarter 2017 Results
Volumes of 3.4 million tons up 5% sequentially, with Proppant Solutions volumes of 2.8 million tons up 9% sequentially Revenues of $280.1 million up 20% sequentially, with Proppant Solutions revenue growth of 26% sequentially Net income of $34.9 million or $0.15 per diluted share Adjusted EBITDA of $72.4 million, excluding $2.4 million of non-cash stock compensation expense, up over $25 million sequentially Debt refinanced with new, 5-year term loan and revolving credit facility Fairmount Santrol (NYSE:FMSA), a leading provider of high-performance sand and sand-based product solutions, today announced results for the third quarter ended September 30, 2017 . Third-Quarter 2017 Results Third-quarter 2017 revenues were $280.1 million , up 20% from $233.2 million in the second quarter of 2017 and up 108% from $134.8 million in the third quarter of 2016. Total Company volumes sold were 3.4 million tons for the quarter, up 5% from 3.3 million tons sold in the second quarter of 2017 and an...
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