Layne Christensen (LAYN) Tops Q4 EPS by 1c
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LAYNE CHRISTENSEN REPORTS FOURTH QUARTER AND FISCAL 2015 FINANCIAL RESULTS
April 13, 2015 5:45 PM EDTQ4 FY 2015 Overview
Total revenues rose 14.1% to $193.9 million compared to $169.9 million for Q4 FY 2014, driven by higher revenue at Water Resources, Inliner, Geoconstruction and Energy Services. Net loss from continuing operations attributable to Layne for Q4 FY 2015 was ($22.9) million, or ($1.17) per share, compared to ($12.1) million, or ($0.62) per share, for Q4 FY 2014. Profits for Q4 FY 2015 at Water Resources and Inliner were offset by losses in the other segments, primarily Heavy Civil and Mineral Services.FY 2015 Overview
Total revenues for the fiscal year were flat, with increases at... More