Harsco Corporation (NYSE:HSC) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition.>
announcing its earnings for the fourth quarter ended December 31,
2016. Among other things, the Press Release reports:
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Diluted loss per share from continuing operations of $0.19
and $0.08 in the fourth quarter of 2016 and 2015, respectively; |
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Diluted loss per share from continuing operations of $1.07
for the year ended December 31, 2016 compared to diluted earnings per share from continuing operations of $0.09 for the year ended December 31, 2015; |
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Operating income from continuing operations of $24.1
million and $6.2 in the fourth quarter of 2016 and 2015, respectively; |
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Operating income from continuing operations of $63.5
million and $88.5 for the year ended December 31, 2016 and 2015, respectively; |
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Net cash provided by operating activities of $55.0 million
and $32.4 million in the fourth quarter of 2016 and 2015, respectively; |
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Net cash provided by operating activities of $159.8 million
and $121.5 million for the year ended December 31, 2016 and 2015, respectively; and |
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Total debt of $659.1 million and $900.9 million at December
31, 2016 and 2015, respectively. |
This information is being furnished in this report and shall not
be deemed to be “filed” for purposes of Section 18 of the
Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise
subject to the liabilities of that section, nor shall it be
deemed incorporated by reference into any filing under the
Securities Act of 1933 or the Exchange Act, except as shall be
expressly set forth by specific reference in such filing.
on Form 8-K:
About Harsco Corporation>> (NYSE:HSC)
Harsco Corporation is a provider of industrial services and engineered products serving global industries. The Company operates in three segments: Harsco Metals & Minerals, Harsco Industrial and Harsco Rail. Its Harsco Metals & Minerals segment is a provider of on-site, outsourced services to the metals industries across the world. Its Harsco Industrial segment includes the Harsco Industrial IKG, Harsco Industrial Air-X-Changers and Harsco Industrial Patterson-Kelley businesses. Harsco Rail segment is a provider of equipment and services for the maintenance, repair and construction of railway track. The Company’s principal lines of business include outsourced, on-site services of material logistics and resource recovery for iron, steel and metals manufacturing; air-cooled heat exchangers; industrial grating products; heat transfer products, and railway track maintenance services and equipment. Harsco Corporation>> (NYSE:HSC) Recent Trading Information
Harsco Corporation>> (NYSE:HSC) closed its last trading session down -0.40 at 13.70 with 626,984 shares trading hands.