Finally, our 2011 results include a $5.5 million, or $0.07 per share, after-tax charge related to a restructuring of our international operations. As I noted, the performance of our international operations has been affected by the economic turbulence in Europe and the impact of the Arab Spring in the Middle East.In the fourth quarter, we took actions to address the slowdown, including reducing our work forces in these markets and consolidating systems and offices. Early results would indicate that these actions have been successful and we now have our international operations on a solid footing.
URS Corporation's CEO Discusses Q4 2011 Results - Earnings Call Transcript
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts