GlyEco, Inc. announced consolidated earnings results for the fourth quarter and year ended December 31, 2016. For the quarter, the company’s sales were USD 1,445,346 against USD 1,838,176 a year ago. Loss from operations was USD 644,909 compared to USD 9,616,357 a year ago. Net income was USD 283,417 compared to net loss of USD 9,662,014 a year ago. Adjusted LBITDA was USD 423,243 against USD 9,341,438 a year ago. The decrease in sales was due to the impact of the closure of former New Jersey processing center in 2015, partially offset by the addition of new customers. For the year, the company’s sales were USD 5,591,087 against USD 7,364,452 a year ago. Loss from operations was USD 3,184,442 compared to USD 12,281,180 a year ago. Net loss was USD 2,264,560 compared to USD 12,452,260 a year ago. Adjusted LBITDA was USD 1,836,531 against USD 10,600,569 a year ago. Basic and diluted net loss per share was USD 0.02 against USD 0.18 a year ago.