Charah Solutions, Inc. Reports Fourth Quarter and Full Year 2019 Results
Charah Solutions, Inc. (CHRA)
Last charah solutions, inc. earnings: 3/26 06:25 am
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Source: Business Wire
Record New Business Awards Won in 2019; 450% Above 2018Existing Contracts Underpin 2020 GuidanceCompany Strengthens Liquidity Position LOUISVILLE, Ky.--(BUSINESS WIRE)--Charah Solutions, Inc. (NYSE: CHRA) (together with its subsidiaries, “Charah Solutions,” the “Company,” “we,” “us,” or “our”), a leading provider of environmental and maintenance services to the power generation industry, today announced financial results for its fourth quarter and full year ended December 31, 2019. Net loss attributable to Charah Solutions for the fourth quarter of 2019 was $17.9 million, or $0.60 per basic share. Adjusted net loss(1) and Adjusted loss per basic share(1) for the fourth quarter of 2019 were $15.7 million and $0.53, respectively, and Adjusted EBITDA(1) was $6.0 million. For the full fiscal year 2019, net loss attributable to Charah Solutions was $42.1 million, or $1.43 per basic share. Excluding certain charges, for the full year 2019, Adjusted net loss(1) and Adjusted loss per basic
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