Propel Media, Inc. announced consolidated earnings results for the fourth quarter and year ended December 31, 2016. For the quarter, the company reported revenues of $16,637,000 against $18,728,000 a year ago. Operating income was $6,299,000 against $5,591,000 a year ago. Income before income tax benefit was $3,270,000 against $2,089,000 a year ago. Net income was $1,260,000 against $1,626,000 a year ago. Net income per common share, basic and diluted was $0.01 against $0.01 a year ago. Adjusted EBITDA was $6,977,000 against $6,803,000 a year ago. For the year, the company reported revenues of $61,226,000 against $78,780,000 a year ago. Operating income was $16,667,000 against $18,612,000 a year ago. Income before income tax benefit was $4,478,000 against $5,121,000 a year ago. Net income was $581,000 against $35,711,000 a year ago. Net income per common share, basic and diluted was $0.00 against $0.15 a year ago. Adjusted EBITDA was $21,932,000 against $23,950,000 a year ago. The company generated a combined $23.3 million in cash flows from operating activities in 2016 and 2015.