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Fluor Corp. (FLR) reported that its second-quarter net loss from continuing operations narrowed to $20.2 million from $436.1 million in the prior year.


RTTNews | Nov 12, 2020 07:19AM EST

07:18 Thursday, November 12, 2020 (RTTNews.com) - Fluor Corp. (FLR) reported that its second-quarter net loss from continuing operations narrowed to $20.2 million from $436.1 million in the prior year.

Net loss from continuing operations attributable to the company for the latest-quarter was $27 million, or $0.19 per share.

Consolidated segment profit for the quarter was $61 million, compared to a loss of $393 million a year ago. Results for the quarter reflect the impact to its operations due to a severe downturn in the economy related to COVID-19. There were no material project adjustments in the quarter.

Total revenue for the second-quarter declined to $4.09 billion from $4.15 billion in the prior year.

Read the original article on RTTNews ( https://www.rttnews.com/3145546/fluor-q2-loss-narrows-quick-facts.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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