Conrad Industries Announces Second Quarter 2019 Results and Backlog
CONRAD INDUS INC (CNRD)
NASDAQ:AMEX Investor Relations:
conradindustries.com/about/investor-information
Company Research
Source: PR Newswire
MORGAN CITY, La., Aug. 15, 2019 /PRNewswire/ -- Conrad Industries, Inc. (OTC Pink: CNRD) announced today its second quarter and six months 2019 financial results and backlog at June 30, 2019. For the quarter ended June 30, 2019, Conrad had net loss of $2.2 million and loss per diluted share of $0.44 compared to net income of $4.7 million and earnings per diluted share of $0.94 during the second quarter of 2018. The Company had net loss of $2.5 million and loss per diluted share of $0.50 for the six months ended June 30, 2019 compared to net income of $5.3 million and earnings per diluted share of $1.06 for the six months ended June 30, 2018. Results for the quarter and six months ended June 30, 2018 included $7.5 million from the Deepwater Horizon Court-Supervised settlement. The Company's financial reports are available at www.otcmarkets.com.During the first six months of 2019, Conrad added $73.5 million of backlog to its new construction segment compared to $39.8 million added to ba
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