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	<title>Stock Blog Hub &#187; Layne Christensen Company</title>
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		<title>(LAYN) Layne Christensen Beats Consensus by 92%</title>
		<link>http://www.stockbloghub.com/2009/09/03/layn-layne-christensen-beats-consensus-by-92/14345</link>
		<comments>http://www.stockbloghub.com/2009/09/03/layn-layne-christensen-beats-consensus-by-92/14345#comments</comments>
		<pubDate>Thu, 03 Sep 2009 20:45:33 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[LAYN]]></category>
		<category><![CDATA[Layne Christensen Company]]></category>

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		<description><![CDATA[Layne Christensen Co. (LAYN) announced fiscal second-quarter results yesterday after the closing bell. The company reported GAAP net loss of $8.6 million or 45 cents per share, compared to GAAP net income of $15.1 million or 78 cents per share in the year-ago quarter. Excluding a non-cash impairment charge, net income came in at $4.4 million or 23 cents per share, beating the Zacks Consensus Estimate by nearly 92%, or 11 cents. Layne Christensen is engaged in providing drilling services and related products and services in 4 principal markets: water infrastructure, mineral exploration, geotechnical construction and oil and gas. The company’s customers include municipalities, industrial, mining, oil and gas companies and consulting and engineering firms. The Mission Woods, Kansas-based company’s revenue slumped 19.4% year over year to $217.2 million, still ]]></description>
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