Carbo Ceramics (CRR) Misses Q1 EPS by 17c, Offers Outlook
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CARBO® Announces First Quarter 2017 Results
April 27, 2017 6:30 AM EDTHOUSTON, April 27, 2017 /PRNewswire/ -- CARBO Ceramics Inc. (NYSE: CRR) today reported revenues of $34.7 million and a GAAP pre-tax loss of $32.2 million for the quarter ended March 31, 2017 compared to a GAAP pre-tax loss of $36.8 million in the same period of 2016. The GAAP pre-tax loss includes $12.1 million of costs primarily associated with slowing and idling production, two thirds of which is non-cash.Â
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