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Layne Christensen Co  (LAYN)
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    Sector  Capital Goods    Industry Construction Services
 



EARNINGS REPORT by CSIMarket

Income Positive Again, Modest Revenue Increase

Layne Christensen Co announced first quarter 2018 operating surplus of $6.445 millions

cutting_By_Toby_Hudson_(Own_work)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonsLayne Christensen Co announced earnings per share of $0.13 and Sales of $110 millions in the first quarter 2018, Company's earnings turn positive per share, versus $-1.15 eps, earned in the same quarter a year ago, although Layne Christensen Co saw it's Sales rise by 2.73 % in the same period.

In comparison to previous quarter income improved by 0.45 % from $0.13 per share and Sales increased by 3.73 % from $110 millions.

Company achieved net income of $2.705 millions in the first quarter 2018 an improvement versus a net loss of $-22.900 millions in the same quarter a year ago. Layne Christensen Co also emphasized it's improving profit margins, where net margin rose to 2.36% in first quarter 2018, and operating margin edged up to 5.63%.


Layne Christensen Co is expected to report next financial results on September 08, 2020.


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Layne Christensen Co announced first quarter 2018 operating surplus of $6.445 millions

Layne Christensen Co announced earnings per share of $0.13 and Sales of $110 millions in the first quarter 2018, Company's earnings turn positive per share, versus $-1.15 eps, earned in the same quarter a year ago, although Layne Christensen Co saw it's Sales rise by 2.73 % in the same period.

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Lower demand led to lower revenues and higher loss, in the first quarter company slipped into loss to $-0.34 per share, while Sales fell by -8.56% to $203.00 millions, year on year.

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Losses Widen, Topline Tumbles

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Other LAYN's Earnings Reports

Layne Christensen Co reported fourth quarter 2017 earnings

Layne Christensen Co reported third quarter 2017 earnings

Layne Christensen Co reported second quarter 2017 earnings

       
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