Carbo Ceramics (CRR) Misses Q3 EPS by 24c, Revenues Miss
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CARBO® Announces Third Quarter 2018 Results
October 25, 2018 6:30 AM EDTHOUSTON, Oct. 25, 2018 /PRNewswire/ --Â CARBO Ceramics Inc. (NYSE: CRR) today reported financial results for the third quarter of 2018.
Revenue for the third quarter of 2018 of $53.8 million, an increase of 7% year-on-year, resulting from solid revenue growth in our industrial and environmental business sectors. Cash and cash equivalents and restricted cash grew to approximately $59 million, compared to approximately $55 million at the end of the second quarter of 2018. Continued successful execution of our long term growth strategy of utilizing our unique technologies and assets to diversify... More