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- Quarterly revenues of $90.1 million were down 15 percent compared to the prior year
- Quarterly global proppant sales volume of 278 million pounds down 5 percent versus the prior year, despite a 29 percent drop in the worldwide drilling rig count
- Net income of $12.6 million, or $0.55 per diluted share, for the quarter
- 2009 annual revenues of $341.9 million and income from continuing operations of $52.8 million were down 12 percent and 13 percent, respectively, compared to 2008
HOUSTON (February 4, 2010) - CARBO Ceramics Inc. today reported income from continuing operations of $12.6 million, or $0.55 per diluted share, on revenues of $90.1 million for the quarter ended December 31, 2009. Continuing operations include the Company’s ceramic proppant, software, consulting services, spill prevention and containment, and geotechnical monitoring businesses.
(Read the full press release)
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