BRIEF-Logan International posts Q1 loss from cont ops of $0.12 per share

Mon May 16, 2016 5:15pm EDT
 
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May 17 (Reuters) - Logan International Inc

* "We will pursue disposition of any non-core assets"

* "During quarter, we breached a financial covenant in our credit agreement"

* Will remain committed to maintaining at least a break even cash flow in order to minimize additional bank borrowings

* Lenders have granted a temporary waiver of breach

* "We will pursue disposition of any non-core assets"

* Logan International reports first quarter 2016 financial results

* Q1 loss per share $0.12 from continuing operations

* Q1 revenue $10.7 million Source text for Eikon: Further company coverage: