layne christensen company (LAYN) Key Developments
Layne Christensen Company Announces Executive Changes, Effective July 20, 2015
Jul 7 15
Layne Christensen Company announced the appointment of J. Michael Anderson as Chief Financial Officer, effective July 20, 2015. Mr. Anderson will succeed Andrew Atchison, who has served as Layne's Chief Financial Officer, on an interim basis, since August 1, 2014. Mr. Atchison will continue to support Layne through the leadership transition and has agreed to serve as a consultant to support corporate initiatives. Mr. Anderson joins Layne from Southcross Energy Partners, L.P., where he served as Chief Financial Officer since 2012.
Layne Christensen Company(NasdaqGS:LAYN) dropped from Russell 2000 Index
Jun 29 15
Layne Christensen Company will be removed from Russell 2000 Index
Layne Christensen Company(NasdaqGS:LAYN) dropped from Russell 3000 Index
Jun 29 15
Layne Christensen Company will be removed from Russell 3000 Index.
Layne Christensen Company Reports Unaudited Consolidated Earnings Results for the First Quarter Ended April 30, 2015
Jun 8 15
Layne Christensen Company reported unaudited consolidated earnings results for the first quarter ended April 30, 2015. For the quarter, revenues were $194.363 million against $174.389 million a year ago. Loss from continuing operations before income taxes was $5.730 million against $26.307 million a year ago. Net loss from continuing operations was $6.559 million or $0.33 per basic and diluted share against $28.063 million or $1.48 per basic and diluted share a year ago. Net loss attributable to the company was $6.559 million or $0.33 per basic and diluted share against $27.727 million or $1.41 per basic and diluted share a year ago.
Mineral Services Reports Unaudited Earnings Results for the First Quarter Ended April 30, 2015
Jun 8 15
Mineral Services reported unaudited earnings results for the first quarter ended April 30, 2015. For the quarter, revenue was $23.306 million against $29.488 million a year ago. Loss before income taxes was $2.321 million against $3.799 million a year ago. neral Services revenues outside the U.S. have continued to decline as mining exploration spending remains depressed. Capital expenditures continue to be held at minimum levels, producing a $1.9 million reduction in depreciation expense for the quarter as compared to the prior year.