Emerge Energy Services LP reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported revenues of $42.619 million compared to $44.502 million a year ago. Operating loss was $18.326 million compared to $6.682 million a year ago. Loss before provision for income taxes was of $20.889 million compared to $9.807 million a year ago. Net loss from continuing operations was $20.669 million or $0.77 per diluted share compared to $9.779 million or $0.41 per diluted share a year ago. Net loss was $20.775 million or $0.77 per diluted share compared to $9.888 million or $0.41 per diluted share a year ago. Adjusted LBITDA was $10.648 million compared to Adjusted EBITDA of $3.853 million a year ago. LBITDA was $12.885 million compared to EBITDA of $0.759 million a year ago. Cash outflows from operating activities were $19.491 million compared to cash inflows from operating activities of $4.762 million a year ago.  For the three months ended December 31, 2016, Emerge Energy's capital expenditures totaled $1.3 million.  This includes approximately $1.2 million of maintenance capital expenditures.

For the year, the company reported revenues of $128.399 million compared to $269.518 million a year ago. Operating loss was $89.596 million compared to income of $4.257 million a year ago. Loss before provision for income taxes was of $113.406 million compared to $6.925 million a year ago. Net loss from continuing operations was $113.215 million or $4.55 per diluted share compared to $7.183 million or $0.30 per diluted share a year ago. Net loss was $72.770 million or $2.92 per diluted share compared to $9.411 million or $0.39 per diluted share a year ago. Adjusted LBITDA was $37.354 million compared to adjusted EBITDA of $50.704 million a year ago. LBITDA was $28.396 million compared to EBITDA of $32.088 million a year ago. Cash outflows from operating activities were $47.326 million compared to cash inflows from operating activities of $47.325 million a year ago.

The company announced that it will generate positive EBITDA in the second quarter of 2017.

The company expects breakeven EBITDA is possible for the first quarter of 2017.