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U.S. Silica Holdings, Inc. (NYSE: SLCA) will announce its Q2 2021 financial results before the NYSE opens on July 29, 2021. This will be followed by a conference call at 8:00 a.m. CT, featuring CEO Bryan Shinn and CFO Don Merril. Investors can listen to the conference via a live webcast on the company's website. Established over 121 years ago, U.S. Silica is a leading producer of commercial silica and operates 24 mines and production facilities, providing diverse products across multiple end markets.
U.S. Silica Holdings, Inc. (NYSE: SLCA) released its 2020 Corporate Responsibility Report, highlighting sustainability efforts and achievements. Key highlights include integration of products into eco-friendly supply chains, significant reductions in water usage, and a record-low Total Recordable Incident Rate (TRIR) of 0.77. The company also noted the successful COVID-19 mitigation with zero transmission cases at its facilities. U.S. Silica aims to achieve its 'Bold Goals' by 2025, focusing on workforce diversity and environmental quality improvements.
U.S. Silica Holdings, Inc. (NYSE: SLCA) reported a net loss of $20.8 million, or $(0.28) per share, for Q1 2021, a decline from a net income of $4.6 million in Q4 2020. Revenue for Q1 2021 was $234.4 million, down 13% year-over-year but up 3% sequentially. Adjusted EBITDA dropped 40% to $38.3 million. Despite these challenges, the Company anticipates a market recovery, with positive expectations for the Industrial & Specialty Products segment and a forecasted sequential contribution margin increase in Oil & Gas of 30-35% in Q2 2021.
U.S. Silica Holdings, Inc. (NYSE: SLCA) will release its first quarter 2021 financial results before the market opens on April 30, 2021. Following this, a conference call with investors will be held at 7:30 a.m. Central Time, featuring CEO Bryan Shinn and CFO Don Merril. The call will be available via live webcast on the company's website and can be accessed by telephone. U.S. Silica is a leading producer of silica, serving diverse industries and operating 24 mines and production facilities.
U.S. Silica Holdings (NYSE: SLCA) announced a price increase of up to 15% for its noncontracted industrial and specialty products, effective May 1, 2021. The increase affects products such as diatomaceous earth, perlite, cellulose, silica, and clay, used in various applications including filtration and coatings. This decision is attributed to significant inflationary pressures from raw materials, packaging, logistics, and maintenance costs.
U.S. Silica Holdings, Inc. (NYSE: SLCA) reported a net income of $4.6 million in Q4 2020, reversing a net loss of $292.9 million in Q4 2019. The company faced $4.1 million in charges related to impairments and costs, impacting adjusted EPS at ($0.26). For 2020, revenue dropped 43% to $845.9 million, with a net loss of $114.1 million. The Q4 revenue was $227.3 million, a 29% increase from Q3 2020, yet down 33% year-over-year. The Oil & Gas segment saw an 81% revenue increase from Q3 2020. Looking to 2021, U.S. Silica expects significant proppant demand recovery and a focus on cash flow and growth.
U.S. Silica Holdings, Inc. (NYSE: SLCA) will release its fourth quarter and full year 2020 financial results on February 26, 2021, prior to the NYSE opening. A conference call hosted by CEO Bryan Shinn and CFO Don Merril will take place on the same day at 7:30 a.m. Central Time to discuss the results. Investors can access the call via the company's website or through designated phone lines. The replay will be available until March 31, 2021.
U.S. Silica Holdings (NYSE: SLCA) announced a price increase for its non-contracted silica sand and other specialty products, effective January 1, 2021. The hike will reach up to 15%, varying by product and grade. This adjustment aims to offset rising production costs and support ongoing capacity upgrades to meet increasing demand. U.S. Silica, a leader in performance materials, operates 23 facilities and has over 120 years of expertise in mining and logistics.
U.S. Silica Holdings, Inc. (NYSE: SLCA) has rescheduled its third quarter 2020 earnings conference call to October 29, 2020, at 9:00 a.m. CT due to technical difficulties experienced by its service provider. The call will feature CEO Bryan Shinn and CFO Don Merril discussing the company's earnings results. Investors can access the call via a live webcast on the company's website or through telephone options. A replay will be available post-call until November 28, 2020.
U.S. Silica Holdings (NYSE: SLCA) reported a third-quarter 2020 net loss of $14 million, equivalent to $(0.19) per share, impacted by $3.8 million in asset impairment and related expenses. Total revenue rose 2% sequentially to $176.5 million but fell 51% year-over-year. The Industrial segment saw a notable recovery, with revenue up 10% sequentially to $110.1 million, while the Oil & Gas segment's revenue declined 8% sequentially to $66.3 million. The company expects fourth-quarter Industrial volumes to dip 5%-10% but forecasts a 20%-30% volume increase in Oil & Gas.