Layne Christensen Company (Nasdaq:LAYN) announced net income for the second quarter ended July 31, 2011, of $10,610,000, or $0.54 per diluted share, compared to net income of $6,450,000, or $0.33 per diluted share last year. Revenues increased $41,752,000, or 16.5%, to $295,052,000, for the three months ended July 31, 2011, and $78,408,000, or 16.2%, to $562,423,000 for the six months ended July 31, 2011, as compared to the same periods last year.
Layne Christensen Company and its subsidiaries provide drilling and construction services and related products to the water infrastructure and mineral exploration markets.
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(LAYN, CLNO, AGEN, GOLF) Stock under Consideration by CRWEWallStreet.com
September 12th, 2011 at 01:29 pm