Carbo Ceramics (CRR) Misses Q3 EPS by 9c
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CARBO® Announces Third Quarter 2016 Results
October 27, 2016 5:45 AM EDTHOUSTON, Oct. 27, 2016 /PRNewswire/ -- CARBO Ceramics Inc. (NYSE: CRR) today reported a GAAP net loss of $20.0 million, or a loss of $0.81 per share, on revenues of $20.2 million for the quarter ended September 30, 2016. The GAAP net loss includes $8.0 million, or $0.32 per share, of after-tax costs associated with slowing and idling production.Â
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CEO Gary Kolstad commented, "We raised approximately $46 million through our ATM equity offering... More
