Rhino Resource Partners LP Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2017
Rhino Resource Partners LP reported unaudited consolidated earnings results for the first quarter ended March 31, 2017, For the quarter, total revenues were $53,550,000 against $39,330,000 a year ago. Loss from operations was $870,000 against $527,000 a year ago. Net loss before income taxes from continuing operations was $2,029,000 against $2,141,000 a year ago. Net loss from continuing operations was $2,029,000 against $2,141,000 a year ago. Net loss was $2,029,000 against $1,222,000 a year ago. Net loss per common unit, basic and diluted was $0.22 against $0.33 a year ago. EBITDA from continuing operations was $4.8 million against $5.5 million a year ago. Adjusted EBITDA was $4.8 million against $6.6 million a year ago. Net cash provided by operating activities was $1.3 million against cash used in operating activities of $1.2 million a year ago.