Carbo Ceramics (CRR) Misses Q1 EPS by 17c
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CARBO Announces First Quarter 2016 Results
April 28, 2016 6:02 AM EDTHOUSTON, April 28, 2016 /PRNewswire/ -- CARBO Ceramics Inc. (NYSE: CRR) today reported a GAAP net loss of $24.7 million, or a loss of $1.07 per share, on revenues of $33.1 million for the quarter ended March 31, 2016. The GAAP net loss includes $5.7 million, or $0.25 per share, of after-tax charges and $6.5 million, or $0.28 per share, of after-tax costs associated with slowing and idling production.Â
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CEO Gary Kolstad commented, "Continued... More
