Critical Control Energy Services Corp. reported earnings results for the year ended December 31, 2017. For the period, the company reported that strong cloud based software revenue in the Corporation’s Software segment together with growth driven from the continued penetration of the Co. Corporation’s software in both Canada and the United States offset declines from shut in wells and the cost saving measures implemented by the industry. As a result, Software revenue fell by only 2.4% to $16.5 million in 2017 from $16.9 million in 2016. Industry factors and the subsequent competitive environment continue to impact the Corporation’s revenue from its Field Services business, which generated $9.7 million in 2017, a 13.3% decrease from the previous year. The Corporation has a loss of $3.3 million against $2.0 million a year ago. The difference relates primarily to an unrealized foreign exchange loss of $1.3 million compared to a $0.2 million loss in 2016. Adjusted EBITDA increased 38.8% in 2017 from $1.9 million in 2016 to $2.6 million. The increase is attributed to reduced administrative expenditure and improvements to gross margin.