Heritage-Crystal Clean (HCCI) Reports Q1 Loss of $0.08/Share
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Heritage-Crystal Clean, Inc. Announces 2016 First Quarter Financial Results
May 4, 2016 5:30 PM EDTELGIN, Ill., May 04, 2016 (GLOBE NEWSWIRE) -- Heritage-Crystal Clean, Inc. (Nasdaq: HCCI), a leading provider of parts cleaning, used oil re-refining, and hazardous and non-hazardous waste services primarily focused on small and mid-sized customers, today announced results for the first quarter of fiscal 2016, which ended March 26, 2016.
First quarter highlights include:
Revenues decreased 6.6%, to $78.5 million, compared to $84.0 million in the first quarter of fiscal 2016. The decrease was mainly driven by a $5.1 million shortfall in the Oil Business segment, due to lower selling prices for our products that tend to track crude oil... More