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THE WOODLANDS, Texas, June 6, 2014 (GLOBE NEWSWIRE) --
Layne Christensen Company (Nasdaq:LAYN)
("Layne" or the"Company") announced today that it will file a Form 12b-25 Notification of Late Filing with the U.S. Securities and Exchange Commission with regard to its Quarterly Report on Form 10-Q for the fiscal first quarter ended April 30, 2014 (Q1 FY 2015). The Company requires additional time to complete its operational analysis and financial outlook in order to complete relevant disclosures for inclusion in the Company's Quarterly Report on Form 10-Q. As a result, the Company could not complete its Q1 FY 2015 Form 10-Q in a timely manner without incurring unreasonable burden and expense.
Accordingly, the release of Layne's financial results for Q1 FY 2015 and the investor conference call scheduled for Monday, June 9 have been rescheduled.
Layne will now issue its financial results for Q1 FY 2015 on Monday, June 16, 2014 before the opening of the stock market. Management will conduct a conference call that day at 11:00 am ET / 10:00 am CT to discuss the results.
Interested parties may participate in the call by dialing:
(877) 212-6082 (Domestic)
(707) 287-9332 (International)
The conference call will also be broadcast live via the Investor Information section of Layne's website at
www.layne.com . To listen to the live call, please go to the website at least 15 minutes early to register, download and install any necessary audio software. If you are unable to listen live, the conference call will be archived on the website for approximately 90 days.
Layne Christensen Company
Layne is a global water management, construction and drilling company, providing responsible solutions to the world of essential natural resources — water, mineral and energy. We offer innovative, sustainable products and services with an enduring commitment to safety, excellence, and integrity.