Emerge Energy Services LP reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported revenue of $31,285,000 against $60,654,000 a year ago. Operating loss was $18,574,000 against $3,907,000 a year ago. Loss from continuing operations before provision for income taxes was $29,947,000 against $6,828,000 a year ago. Net loss from continuing operations was $29,955,000 or $1.24 per basic and diluted share against $6,846,000 or $0.28 per basic and diluted share a year ago. Net income was $5,117,000 or $0.21 per basic and diluted share against net loss of $11,898,000 or $0.49 per basic and diluted share a year ago. Adjusted LBITDA was $8,113,000 against adjusted EBITDA of $264,000 a year ago. Cash flows used in operating activities were $14,803,000 against cash flows from operating activities of $2,650,000 a year ago. capital expenditures for the quarter were $1.3 million.

For the nine months, the company reported revenue of $85,780,000 against $225,016,000 a year ago. Operating loss was $71,270,000 against operating income of $10,939,000 a year ago. Loss from continuing operations before provision for income taxes was $92,517,000 against income from continuing operations before provision for income taxes of $2,882,000 a year ago. Net loss from continuing operations was $92,546,000 or $3.82 per basic and diluted share against net income from continuing operations of $2,596,000 or $0.11 per basic and diluted share a year ago. Net loss was $51,995,000 or $2.15 per basic and diluted share against net income of $477,000 or $0.02 per basic and diluted share a year ago. Adjusted LBITDA was $26,706,000 against adjusted EBITDA of $46,852,000 a year ago. Cash flows used in operating activities were $27,835,000 against cash flows from operating activities of $42,563,000 a year ago.

The company currently expects total capital expenditures for 2016 to be below $15 million.