Layne Christensen (LAYN) Tops Q1 EPS by 23c
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Layne Christensen Reports Fiscal 2019 First Quarter Results
June 5, 2018 4:15 PM EDTTHE WOODLANDS, Texas, June 5, 2018 /PRNewswire/ --Â Layne Christensen Company (NASDAQ: LAYN) ("Layne" or the "Company") today announced financial and operating results for the fiscal 2019 first quarter (Q1 FY 2019) ended April 30, 2018.
Q1 FY 2019 Financial Highlights
Net income from continuing operations for Q1 FY 2019 was $2.9 million, or $0.14 per diluted share, compared to net loss of ($4.0) million, or ($0.20) per diluted share, for the fiscal 2018 first quarter (Q1 FY 2018) ended April 30, 2017. Net income for the Q1 FY2019 period included $4.6 million in gains on asset sales, primarily within our... More