Layne Christensen (LAYN) Tops Q2 EPS by 3c

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Go back to Layne Christensen (LAYN) Tops Q2 EPS by 3c

Layne Christensen Reports Fiscal 2018 Second Quarter Results

September 11, 2017 4:16 PM EDT

THE WOODLANDS, Texas, Sept. 11, 2017 /PRNewswire/ -- Layne Christensen Company (NASDAQ: LAYN) ("Layne" or the "Company") today announced financial and operating results for the fiscal 2018 second quarter (Q2 FY 2018) ended July 31, 2017.

Q2 FY 2018 Financial Highlights

Financial performance in Q2 FY 2018 improved significantly compared to the prior year period as a result of a marked improvement in earnings at Mineral Services, further SG&A cost reductions and continuing strong performance at Inliner. Reported net loss from continuing operations for Q2 FY 2018 was ($2.1) million, or ($0.11) per share,... More