Charah Solutions, Inc. Reports First Quarter 2020 Results
Charah Solutions, Inc. (CHRA)
Last charah solutions, inc. earnings: 3/26 06:25 am
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Source: Business Wire
$175 Million in New Business Awards in the First Quarter 2020Reaffirmed 2020 Guidance Underpinned by Existing Contracts LOUISVILLE, Ky.--(BUSINESS WIRE)--Charah Solutions, Inc. (NYSE: CHRA) a leading provider of environmental and maintenance services to the power generation industry, today announced financial results for the three months ended March 31, 2020. Net loss attributable to common stockholders for the three months ended March 31, 2020 was $14.4 million, or $0.48 per basic share, and net loss attributable to Charah Solutions, Inc. was $14.3 million, or $0.48 per basic share. Adjusted net loss attributable to Charah Solutions, Inc.(1) and Adjusted loss per basic share(1) for the three months ended March 31, 2020 were $5.7 million and $0.19, respectively, and Adjusted EBITDA(1) was $5.2 million.Coronavirus Pandemic Update“As the situation surrounding the disease caused by a novel coronavirus (“COVID-19”) continues to evolve, our highest priority remains the safety of our emp
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