Calgon Carbon (CCC) Misses Q1 EPS by 2c

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Calgon Carbon Announces First Quarter 2017 Results

May 9, 2017 7:30 AM EDT

Includes full quarter of results of the activated carbon and filtration media business (the New Business) acquired on November 2, 2016 First quarter results include $2.7 million (pre-tax) of expected acquisition related expenses: $2.1 million of acquisition integration expenses, including costs related to a subsidiary reorganization project, included in selling, administrative and research expense $0.6 million of inventory-related purchase accounting adjustment costs included in cost of products sold (excluding depreciation and amortization) First quarter results include $2.4 million of expected discrete income tax charges primarily related to the subsidiary reorganization... More