Critical Control Energy Services Corp. announced financial results for the first quarter ended March 31, 2016. For the first quarter, the company’s recurring revenue increased by 29% in the first quarter of 2016 to $7.4 million from $5.8 million in the first quarter of 2016, driven from the company’s acquisition in the United States in the second quarter of 2015. A decrease of revenue from non-recurring equipment and fabrication offset this increase resulting in total revenue decreasing by 3.8% to $9.1 million for the first quarter of 2016 compared to $9.5 million in the first quarter of 2016. The company’s Software segment revenue remained consistent in the first quarter of 2016 compared to 2015 at $4.6 million of which $4.3 million of this was recurring revenue. Despite declines from a large number of shut-in wells affecting recurring revenue, growth was driven from continued penetration of the company’s products in Canada and the United States, as well as certain customers acquired with the Measurement Services Acquisition. Revenue from the company’s Services business, based in the United States, in the first quarter of 2016 was $4.5 million compared to $4.8 million in 2015. Recurring revenue increased 95.8% in the quarter related to growth derived primarily from the Measurement Services Acquisition. Non-recurring revenue in the Corporation's Services business decreased $2.2 million due to a decrease in equipment and fabrication sales. The company’s $1.4 million loss before discontinued operations for the first quarter of 2016, compared with $0.1 million a year ago, is a result of a primarily unrealized foreign exchange loss of $0.7 million compared to a $0.4 million gain in the first quarter of 2015, increased finance costs of $0.3 million, and certain one-time restructuring costs in other expenses of $0.3 million.