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BRIEF-Clearwater Reports Q4 Diluted Loss Per Share C$0.17

Published 2018-03-06, 09:06 a/m
BRIEF-Clearwater Reports Q4 Diluted Loss Per Share C$0.17
CLR
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March 6 (Reuters) - Clearwater Seafoods Inc CLR.TO :

* CLEARWATER REPORTS FOURTH QUARTER AND ANNUAL 2017 RESULTS

* CLEARWATER SEAFOODS INC - ‍INVENTORY DECLINED $12.6MILLION FOR2017 COMPARED TO $22.0 MILLION INCREASE IN 2016​

* CLEARWATER SEAFOODS INC - CAPITAL SPENDING IS EXPECTED TODECLINE BY $60-70 MILLION IN 2018

* CLEARWATER SEAFOODS INC - QTRLY SALES C$174.8 MILLIONVERSUSC$165.7 MILLION

* CLEARWATER SEAFOODS INC - ‍IN Q4 2017, CO INITIATEDCOMPANY-WIDERESTRUCTURING TARGETING ANNUALIZED SAVINGS IN EXCESS OF $10MILLION​

* CLEARWATER SEAFOODS INC - QTRLY DILUTED LOSS PER SHAREC$0.17

* CLEARWATER SEAFOODS INC - ‍COMPANY-WIDE RESTRUCTURINGRESULTEDIN ONE-TIME CHARGES OF $6.7 MILLION IN Q4 2017​

* CLEARWATER SEAFOODS INC - QTRLY ADJUSTED LOSS PER SHAREC$0.02

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