Layne Christensen (LAYN) Tops Q1 EPS by 13c
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Layne Christensen Reports Fiscal 2018 First Quarter Results
June 8, 2017 4:32 PM EDTTHE WOODLANDS, Texas, June 8, 2017 /PRNewswire/ --Â Layne Christensen Company (NASDAQ: LAYN) ("Layne" or the "Company") today announced financial and operating results for the fiscal 2018 first quarter (Q1 FY 2018) ended April 30, 2017.
Q1 FY 2018 Financial Highlights
Financial performance in Q1 FY 2018 improved significantly compared to the prior year period as a result of continuing strong performance at Inliner, further SG&A cost reductions and a marked improvement in earnings at Mineral Services. The Water Resources segment produced significant sequential improvement from the fiscal 2017 fourth quarter,... More