Following this transaction Gary Kolstad’s holding in the company was increased by 2.59% to a total of $1.85 million.
Based on Carbo Ceramics’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $53.82 million and GAAP net loss of $16.74 million. In comparison, last year the company earned revenue of $50.17 million and had a GAAP net loss of $178 million. Currently, Carbo Ceramics has an average volume of 277.2K.
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CARBO Ceramics, Inc. is an oilfield services technology company, which engages in the manufacture and supply of ceramic proppant and resin-coated sand. It operates through the Oilfield Technologies and Services; and Environmental Products and Services segment.