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Layne Christensen Co (LAYN.OQ)

LAYN.OQ on NASDAQ Stock Exchange Global Select Market

12.85USD
17 Nov 2017
Change (% chg)

$0.03 (+0.23%)
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Latest Key Developments (Source: Significant Developments)

Layne Christensen gets exclusive right to develop GLO non-potable water resources​
Thursday, 2 Nov 2017 

Nov 1 (Reuters) - Layne Christensen Co :Layne Christensen Co - ‍announced a long-term agreement that provides Layne with exclusive right to develop GLO non-potable water resources​.Layne Christensen Co - agreement is for five-year and contains multiple renewal options​.Layne Christensen - ‍currently expects it will begin construction of water infrastructure assets under agreement during fiscal Q4 beginning on Nov 1​.  Full Article

Layne Christensen reports definitive agreement to sell heavy civil business
Friday, 10 Feb 2017 

Layne Christensen Co : Layne Christensen Co - sale price for heavy civil business is approximately $10.1 million . Says company currently estimates that transaction will result in a book loss in q1 of fiscal 2018 . Says net book value of heavy civil business being sold was approximately $22.6 million as of October 31, 2016 . Layne Christensen announces definitive agreement to sell its heavy civil business .Layne Christensen says sale price consists of at least $6.4 million in cash, with remainder consisting of layne common stock currently owned by investors.  Full Article

Layne Christensen Q2 loss per share $0.26 from continuing operations
Wednesday, 7 Sep 2016 

Layne Christensen Co : Q2 loss per share $0.26 from continuing operations . Q2 earnings per share view $-0.20 -- Thomson Reuters I/B/E/S . Q2 revenue $159 million versus I/B/E/S view $164.2 million .Says total backlog was $286.6 million at July 31, 2016 compared to $316.1 million at April 30, 2016.  Full Article

Layne Christensen reports Q1 loss $0.45/shr from continuing operations
Tuesday, 7 Jun 2016 

Layne Christensen Co : Layne Christensen Reports first quarter fiscal 2017 results . Q1 loss per share $0.45 from continuing operations . Q1 earnings per share view $-0.31 -- Thomson Reuters I/B/E/S . Q1 revenue $159.7 million versus I/B/E/S view $160.2 million . Total backlog was $316.1 million at April 30, 2016 compared to $346.3 million at January 31, 2016 . Expect Layne to be profitable in fiscal year 2018 . Expect overall financial performance in fiscal 2017 to show improvement over last fiscal year .Expect Layne to be profitable in fiscal year 2018.  Full Article

Layne Christensen Co and Sumitomo Electric Industries expands supply agreement
Thursday, 4 Feb 2016 

Layne Christensen Co:Layne Christensen and sumitomo electric industries expands supply agreement of Poreflon(TM) microfiltration membrane modules.Says amendment provides Layne with exclusive rights to the municipal waste water treatment market.  Full Article

BRIEF-Layne Christensen gets exclusive right to develop GLO non-potable water resources​

* Layne Christensen Co - ‍announced a long-term agreement that provides Layne with exclusive right to develop GLO non-potable water resources​