Carbo Ceramics (CRR) Posts Q4 GAAP Loss of $2.17/Share
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CARBO Announces Fourth Quarter and Fiscal Year 2015 Results
January 28, 2016 4:01 AM ESTHOUSTON, Jan. 28, 2016 /PRNewswire/ -- CARBO Ceramics Inc. (NYSE: CRR) today reported a GAAP net loss of $50.0 million, or a loss of $2.17 per share, on revenues of $56.8 million for the quarter ended December 31, 2015. The GAAP net loss includes $30.5 million, or $1.32 per share, of after-tax charges and $5.7 million, or $0.25 per share, of after-tax costs associated with slowing and idling production.Â
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CEO Gary Kolstad commented, "We continued to... More
