Aegion (AEGN) Tops Q3 EPS by 2c

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Aegion Corporation Reports 2015 Third Quarter Financial Results

November 2, 2015 8:01 AM EST

Adjusted third quarter 2015 earnings per diluted share from continuing operations were $0.44 compared to $0.43 in the third quarter of 2014. On a GAAP basis, third quarter 2015 earnings per diluted share from continuing operations were $0.40 compared to a loss of $0.45 in the third quarter of 2014. Consolidated cash and cash equivalents at September 30, 2015 were $167.6 million, a $51.6 million increase from September 30, 2014. On October 30, 2015, Aegion amended and restated its $650 million credit facility, which extends the facility two years through October 2020 and provides increased financial flexibility to support acquisitions and share repurchases.... More