Layne Christensen (LAYN) Misses Q3 EPS by 6c

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Go back to Layne Christensen (LAYN) Misses Q3 EPS by 6c

Layne Christensen Reports Fiscal 2018 Third Quarter Results

December 5, 2017 4:15 PM EST

THE WOODLANDS, Texas, Dec. 5, 2017 /PRNewswire/ -- Layne Christensen Company (NASDAQ: LAYN) ("Layne" or the "Company") today announced financial and operating results for the fiscal 2018 third quarter (Q3 FY 2018) ended October 31, 2017.

Q3 FY 2018 Financial Highlights

Financial performance in Q3 FY 2018 improved significantly compared to the prior year period as a result of continuing strength at Mineral Services and improved performance at Water Resources, including a strong first full quarter contribution from the Water Midstream business. Reported net loss from continuing operations for Q3 FY 2018 was ($2.0)... More