Carbo Ceramics (CRR) Tops Q4 EPS by 12c

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CARBO® Announces Fourth Quarter and Fiscal Year 2016 Results

January 26, 2017 6:00 AM EST

HOUSTON, Jan. 26, 2017 /PRNewswire/ -- CARBO Ceramics Inc. (NYSE: CRR) today reported a GAAP net loss of $15.2 million, or a loss of $0.57 per share, on revenues of $29.1 million for the quarter ended December 31, 2016.  The GAAP net loss includes $7.3 million, or $0.28 per share, of after-tax costs associated with slowing and idling production and $0.7 million, or $0.03 per share, of after-tax charges.

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CEO Gary Kolstad... More