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Aegion Corp (AEGN.OQ)

AEGN.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Aegion Corp - ‍ Executed A Second Amendment To Current Credit Agreement
Thursday, 1 Mar 2018 

March 1 (Reuters) - Aegion Corp ::AEGION CORP - ‍ ON FEB 27, EXECUTED A SECOND AMENDMENT TO CURRENT CREDIT AGREEMENT, DATED OCT 30, 2015, AS PREVIOUSLY AMENDED - SEC FILING​.AEGION CORP - ‍ SECOND AMENDMENT EXTENDS MATURITY DATE OF LOAN FACILITIES FROM OCT 30, 2020 TO FEB 27, 2023​.AEGION CORP - AMENDMENT REDUCES LETTER OF CREDIT SUBLIMIT FROM $100 MILLION TO $90 MILLION.AEGION CORP - ‍ SECOND AMENDMENT, IN EVENT OF COMPLETION OF BAYOU DISPOSITION, REDUCES AGGREGATE REVOLVING COMMITMENTS BY $25 MILLION TO $275 MILLION.AEGION CORP - ‍ SECOND AMENDMENT PERMITS DISPOSITION OF EITHER EQUITY INTERESTS OR ASSETS OF BAYOU COMPANIES AND BAYOU WASCO INSULATION​.AEGION CORP - SECOND AMENDMENT MODIFIES CONSOLIDATED LEVERAGE RATIO REQUIREMENT.AEGION CORP - ‍ SECOND AMENDMENT REVISES REPAYMENT SCHEDULE FOR TERM LOAN FACILITY AND INCREMENTAL TERM LOAN FACILITY BASED ON NEW MATURITY DATE​.AEGION CORP - SECOND AMENDMENT MODIFIES CONSOLIDATED FIXED CHARGE COVERAGE RATIO REQUIREMENT.  Full Article

Aegion Qtrly Loss Per Share $0.39 ‍​
Thursday, 1 Mar 2018 

Feb 28 (Reuters) - Aegion Corp ::Q4 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.20 .Q4 REVENUE $337.5 MILLION .ORATION REPORTS 2017 FULL YEAR AND FOURTH QUARTER FINANCIAL RESULTS.QTRLY LOSS PER SHARE $0.39 ‍​.  Full Article

Aegion Corp Sees 2017 Loss Per Share About $2.08
Friday, 16 Feb 2018 

Feb 15 (Reuters) - Aegion Corp ::ORATION ANNOUNCES PRELIMINARY 2017 RESULTS AND 2018 GUIDANCE.SEES FY 2017 REVENUE ABOUT $1.359 BILLION.SEES FY 2017 ADJUSTED NON-GAAP EARNINGS PER SHARE ABOUT $1.03.SEES FY 2017 LOSS PER SHARE ABOUT $2.08.‍2017 CASH CHARGES FOR RESTRUCTURING ACTIVITIES EXPECTED TO BE $13.7 MILLION​.‍2018 ADJUSTED EARNINGS PER SHARE EXPECTED TO INCREASE BY MORE THAN 30 PERCENT COMPARED TO 2017​.‍ALSO RECORDED A PROVISIONAL CHARGE OF APPROXIMATELY $9.5 MILLION IN Q4 OF 2017 TO REFLECT ESTIMATED IMPACT OF TAX REFORM​.‍CONTRACT BACKLOG AS OF DECEMBER 31, 2017 WAS $689 MILLION, AN INCREASE OF $96.2 MILLION​.‍EXPECTS TO REALIZE MORE THAN $20 MILLION IN ANNUAL COST REDUCTIONS DUE TO RESTRUCTURING EFFORTS​.‍EXPECTED ADJUSTED FY'17 EARNINGS PER DILUTED SHARE REFLECT HIGHER THAN ANTICIPATED LOSSES IN BUSINESSES BEING RESTRUCTURED​.‍ADJUSTED (NON-GAAP) FY'17 EARNINGS PER DILUTED SHARE EXPECTED TO BE APPROXIMATELY $1.03​.‍FY'17 LOSS PER DILUTED SHARE EXPECTED TO BE APPROXIMATELY $2.08​.‍2017'S EARNINGS RESULTS FELL SHORT OF CO'S EXPECTATIONS​.FY2017 EARNINGS PER SHARE VIEW $1.09, REVENUE VIEW $1.34 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

David Martin resigns as Aegion Corp CFO
Monday, 20 Nov 2017 

Nov 20 (Reuters) - Aegion Corp :Aegion corporation announces CFO transition.Aegion - ‍effective November 18, 2017, David A. Martin has resigned his positions as executive vice president and chief financial officer of company​.Aegion Corp - ‍David Morris has been appointed as company's interim chief financial officer to serve until a permanent chief financial officer is hired​.Aegion Corp - ‍intends to consider both internal and external candidates in its search for a permanent chief financial officer​.  Full Article

Aegion Corp reports Q3 loss per share $2.23
Thursday, 2 Nov 2017 

Nov 1 (Reuters) - Aegion Corp :Aegion Corp reports 2017 third quarter financial results.Q3 adjusted non-GAAP earnings per share $0.32.Q3 loss per share $2.23.Q3 earnings per share view $0.28 -- Thomson Reuters I/B/E/S.Aegion Corp - ‍contract backlog as of September 30, 2017 was $756 million​.Aegion Corp - ‍on October 25, 2017, Aegion's board of directors authorized a program to repurchase up to $40.0 million of company's common stock in 2018​.  Full Article

Aegion Q2 adjusted earnings per share $0.33
Wednesday, 2 Aug 2017 

Aug 1 (Reuters) - Aegion Corp :Aegion Corporation reports 2017 second quarter financial results.Q2 adjusted non-gaap earnings per share $0.33.Q2 earnings per share $0.33.Q2 earnings per share view $0.41 -- Thomson Reuters I/B/E/S.Aegion Corp - ‍contract backlog at June 30, 2017 was $774 million, a $147 million increase above contract backlog at june 30, 2016​.Aegion Corp - ‍restructuring initiative is expected to generate annualized savings in excess of $15 million in 2018​.Aegion Corp - on july 28, board approved a plan to divest company's pipe coating and insulation business in louisiana.Aegion - on july 28 board, board approved a plan to exit all non-pipe related contract applications for tyfo fibrwrap system in north america.Aegion corp - on july 28 board approved a plan to implement a cost reduction to right-size company as a result of divestiture, other actions.Aegion corp - on july 28, board approved a plan to restructure corrosion protection's operations in canada.Aegion-Management initiated restructuring plan;total annualized savings currently estimated in excess of $15 million;expected to be fully realized in 2018.Aegion corp - qtrly infrastructure solutions gaap revenues‍​ $148.3 million versus $150.2 million.  Full Article

Aegion reports Q1 earnings per share $0.18
Wednesday, 3 May 2017 

May 2 (Reuters) - Aegion Corp : :Aegion Corporation reports 2017 first quarter financial results.Q1 adjusted Non-GAAP earnings per share $0.18.Q1 earnings per share $0.17.Q1 earnings per share view $0.18 -- Thomson Reuters I/B/E/S.Contract backlog at March 31, 2017 was $712 million, 6 percent below contract backlog at March 31, 2016.New orders increased in all three platforms during Q1'17 compared to Q1'16 by a total of 29 percent to $333 million.Qtrly GAAP revenues for infrastructure solutions segment $128.9 million versus $125.8 million.  Full Article

Aegion Q4 adjusted non-gaap earnings per share $0.44
Wednesday, 1 Mar 2017 

Aegion Corp : Aegion Corporation reports 2016 full year and fourth quarter financial results . Q4 adjusted non-gaap earnings per share $0.44 . Q4 earnings per share $0.52 . Q4 earnings per share view $0.35 -- Thomson Reuters I/B/E/S . For 2017, expect higher top line and operating income across all three platforms to result in strong earnings per share growth .Qtrly gaap revenue $321.8 million versus $330.7 million.  Full Article

Aegion expects consolidated revenues to grow low to mid single-digits over next 3 years
Monday, 5 Dec 2016 

Aegion Corp :Aegion Corp - expects consolidated revenues to grow low to mid single-digits over next 3 years - SEC filing.  Full Article