ENTREC Corporation reported earnings results for the second quarter and six months ended June 30, 2018. For the quarter, revenue was $43,921,000 against $35,925,000 last year. Adjusted EBITDA was $4,132,000 or $0.04 per share against $2,691,000 or $0.02 per share last year. Adjusted net loss was $2,685,000 or $0.02 per share against $3,878,000 or $0.04 per share last year. Net loss was $4,436,000 or $0.04 per basic and diluted share against $4,215,000 or $0.04 per basic and diluted share last year. Cash used in operating activities was $309,000 against cash provided by operating activities of $718,000 last year. Funds from operations were $01,547,000 or $0.01 per share against $919,000 or $0.01 per share last year. For the six months, revenue was $83,988,000 against $73,223,000 last year. Adjusted EBITDA was $5,053,000 or $0.05 per share against $4,972,000 or $0.05 per share last year. Adjusted net loss was $7,903,000 or $0.07 per share against $7,564,000 or $0.07 per share last year. Net loss was $9,514,000 or $0.09 per basic and diluted share against $7,619,000 or $0.07 per basic and diluted share last year. Cash used in operating activities was $1,038,000 against $882,000 last year. Funds from operations were $65,000 or $0.00 per share against $1,636,000 or $0.01 per share last year. Revenue increased by 15% due to higher activity levels within ENTREC’s US operations.