ENTREC Corporation announced earnings results for first quarter ended March 31, 2018. For the period, the company has posted revenue of $40,067,000 against $37,298,000 a year ago. Adjusted EBITDA was $921,000 or $0.01 per share against $2,281,000 or $0.02 per share a year ago. Adjusted net loss was $5,217,000 or $0.05 per share against $3,683,000 or $0.03 per share a year ago. Net loss was $5,078,000 or $0.05 basic and diluted per share against $3,404,000 or $0.03 basic and diluted per share a year ago.

For 2018, the company expects revenue from its MRO work in the Alberta oil sands region will continue to be steady throughout 2018.