Ultrapetrol (Bahamas) Ltd. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported total revenues of $78,859,000 compared to $95,736,000 a year ago. Operating loss was $29,070,000 compared to operating profit of $8,547,000 a year ago. Loss before income taxes was $42,436,000 compared to $3,397,000 a year ago. Net loss was $46,001,000 or $0.33 per share compared to $2,881,000 or $0.02 per share a year ago. Adjusted EBITDA was $15,100,000 compared to $17,882,000 a year ago. Adjusted net loss was $15,622,000 or $0.11 per share compared to $2,849,000 or $0.02 per share a year ago. For the nine months period, the company reported total revenues of $219,636,000 compared to $276,403,000 a year ago. Operating loss was $24,420,000 compared to operating profit of $16,915,000 a year ago. Loss before income taxes was $67,537,000 compared to $12,150,000 a year ago. Net loss was $75,912,000 or $0.54 per share compared to $14,381,000 or $0.10 per share a year ago. Net cash provided by operating activities was $22,499,000 compared to $20,803,000 a year ago. Purchase of vessels and equipment was $7,971,000 compared to $21,977,000 a year ago. Adjusted EBITDA was $43,135,000 compared to $50,968,000 a year ago. Adjusted net loss was $46,603,000 or $0.33 per share compared to $14,437,000 or $0.10 per share a year ago.