Carbo Ceramics (CRR) Posts Q3 GAAP EPS of 60c

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CARBO Announces Third Quarter 2015 Results

October 29, 2015 4:00 AM EDT

HOUSTON, Oct. 29, 2015 /PRNewswire/ -- CARBO Ceramics Inc. (NYSE: CRR) today reported a GAAP net loss of $13.9 million, or a loss of $0.60 per share, on revenues of $75.8 million for the quarter ended September 30, 2015.  This net loss includes $3.6 million, or $0.15 per share, of after-tax costs associated with slowing and idling production and $2.3 million, or $0.10 per share in miscellaneous after-tax charges. 

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CEO Gary Kolstad commented, "The... More