Layne Christensen (LAYN) Reports Q4 Revenue of $129.6M

Layne Christensen (NASDAQ: LAYN) reported Q4 EPS of ($1.67), $0.97 worse than last year. Revenue for the quarter came in at $129.6 million, versus $159.2 million reported last year.

Included in Q4 FY 2017 results were $14.2 million in restructuring costs, or ($0.72) per share, which included a $12.4 million non-cash currency translation adjustment associated with the closure of Mineral Services' African and Australian entities. Q4 FY 2016 results included $3.2 million in restructuring costs, or ($0.16) per share, primarily related to severance costs and write-down of assets as part of Mineral Services' exit from its operations in Africa and Australia.

For earnings history and earnings-related data on Layne Christensen (LAYN) click here.

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