BRIEF-DH Corp Q2 adjusted earnings per share C$0.55

Tue Jul 26, 2016 6:22pm EDT
 
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July 26 (Reuters) - DH Corp

* D+H announces second quarter 2016 earnings and realignment of global operations

* Q2 earnings per share C$0.05

* Q2 revenue C$424 million versus I/B/E/S view C$421.6 million

* Q2 earnings per share view c$0.52 -- Thomson Reuters I/B/E/S

* Q2 adjusted earnings per share C$0.55

* Company has realigned organization, in which expected gross savings of approximately $53 million are offset by investments in new positions

* Says net savings are expected starting in middle of Q3

* Restructuring-Related expenses are estimated to be between $30 million and $32 million, and will be recognized primarily in 2016   Continued...