Calgon Carbon (CCC) Posts Q4 Loss of $0.12/Share

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Go back to Calgon Carbon (CCC) Posts Q4 Loss of $0.12/Share

Calgon Carbon Announces Fourth Quarter and Full Year 2016 Results

February 24, 2017 7:00 AM EST

Includes two months of results of the activated carbon and filter aid business (the New Business) acquired on November 2, 2016 Fourth quarter results include $13.7 million (pre-tax) of acquisition and project related expenses $12.2 million included in selling, administrative and research expense, including $6.5 million of expected French business and asset transfer tax payments that were determined to require immediate expense recognition $1.5 million of inventory-related purchase accounting adjustment costs included in cost of products sold (excluding depreciation and amortization) Q4 2016 Results Summary:... More