Brief: Heritage-Crystal Clean reports Q1 earnings per share $0.21

Heritage-Crystal Clean

01/05/2017 22:25

May 1 (Reuters) - Heritage-crystal Clean Inc  HCCI.O  
    * Heritage-Crystal Clean, Inc. announces 2017 record first 
quarter financial results 
    * Q1 earnings per share $0.21 
    * Q1 revenue $80.5 million versus I/B/E/S view $82.9 million 
    * Q1 earnings per share view $0.10 -- Thomson Reuters 
I/B/E/S 
    * Q1 earnings per share $0.07 excluding items 
    * Heritage-Crystal clean says in February 2017, received a 
partial award for claims made in arbitration related to 
acquisition of FCC Environmental in 2014 
    * "On March 8, we entered into a settlement agreement with 
sellers of FCC Environmental" 
    * Under terms of March 8 agreement, "we agreed to withdraw 
all claims in arbitration" 
    * Under terms of March 8 agreement sellers of FCC 
environmental agreed to pay co $8.6 million in two equal 
installments 
 
Source text for Eikon:  ID:nGNXNUOPBa  
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