Cloud Peak Energy Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2017. For the quarter, the company reported revenue of $248,884,000 compared to $217,073,000 a year ago. Operating income was $11,848,000 compared to $10,861,000 a year ago. Income before income tax provision and earnings from unconsolidated affiliates was $2,324,000 compared to loss before income tax provision and earnings from unconsolidated affiliates of $2,290,000 a year ago. Net income was $2,577,000 or $0.03 per basic and diluted share compared to net loss of $1,584,000 or $0.03 per basic and diluted share a year ago. Adjusted EBITDA was $36.0 million compared to $40.6 million a year ago.

For the nine months, the company reported revenue of $673,813,000 compared to $572,510,000 a year ago. Operating income was $7,380,000 compared to $31,137,000 a year ago. Loss before income tax provision and earnings from unconsolidated affiliates was $25,213,000 compared to $4,878,000 a year ago. Net loss was $24,478,000 or $0.34 per basic and diluted share compared to $2,670,000 or $0.04 per basic and diluted share a year ago. Net cash provided by operating activities was $57,032,000 compared to $36,330,000 a year ago. Purchases of property, plant and equipment was $11,327,000 compared to $30,148,000 a year ago. Adjusted EBITDA was $86.0 million compared to $58.6 million a year ago.

The company provided consolidated earnings guidance for the year 2017. For the year, the company expects committed sales with fixed prices approximately 58 million tons, adjusted EBITDA of $95 million to $105 million, net interest expense of approximately $40 million, depreciation, depletion, amortization, and accretion of $70 million to $80 million and capital expenditures of $15 million to $20 million.