Brief: CERF Inc reports qtrly loss of $0.11 per share

Zedcor

26/05/2016 22:30

May 26 (Reuters) - Cerf Inc  CFL.V  
    * Qtrly loss per share $0.11 
    * Qtrly revenue $8.5 million versus $17.6 million 
    * Says "instability of commodity prices continues in 2016 
and currently shows no sign of reversing" 
    * Says "environment has caused CERF's customers to reduce 
their 2016 capital expenditure programs and delay investment 
decisions" 
    * Says "expects activity levels for energy services to 
remain low until such time that commodity prices stabilize" 
    * CERF Incorporated announces 2016 first quarter results 
 
  Source text for Eikon:  ID:nMKW9BvQqa  
  Further company coverage:  CFL.V  
 
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