C&J Energy Services (CJES) Tops Q4 EPS by 31c
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C&J Energy Services Announces Fourth Quarter 2015 Results
February 22, 2016 10:07 PM ESTHAMILTON, Bermuda, Feb. 22, 2016 /PRNewswire/ -- C&J Energy Services Ltd. (NYSE: CJES) today reported a net loss of ($321.7 million), or ($2.75) per diluted share, on revenue of $409.0 million for the fourth quarter of 2015, and an Adjusted Net Loss (1) of ($52.2 million), or ($0.45) per diluted share(1). Adjusted Net Loss(1) excludes the following, net of tax: a $252.5 million, or $2.16 per diluted share, impairment charge; a $17.8 million, or $0.15 per diluted share, inventory write-down; a $3.8 million, or $0.03 per diluted share, charge related to costs associated with the March 2015 combination (the "Transaction") of C&J Energy Services,... More
