Layne Christensen Reports Fiscal 2018 Second Quarter Results

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Go back to Layne Christensen Reports Fiscal 2018 Second Quarter Results

Layne Christensen (LAYN) PT Raised to $11 at Jefferies Following 2Q

September 13, 2017 7:48 AM EDT

Jefferies raised its price target on Layne Christensen (NASDAQ: LAYN) to $11.00 (from $9.00) while maintaining a Hold rating following the company's 2Q. Results were ahead of expectations with increasingly sustainable and broad-based improvement across its key businesses.

LAYN reported fiscal 2Q18 EPS... More

Layne Christensen (LAYN) Tops Q2 EPS by 3c

September 11, 2017 4:17 PM EDT

Layne Christensen (NASDAQ: LAYN) reported Q2 EPS of ($0.11), $0.03 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $126.2 million versus the consensus estimate of $122.99 million.

Total backlog was $182.8 million at July 31, 2017 compared to $172.2 million at April 30, 2017 and $194.1 million at July 31, 2016.... More