Critical Control Energy Services Corp. Reports Financial Results for the Second Quarter Ended June 30, 2017
Critical Control Energy Services Corp. reported financial results for the second quarter ended June 30, 2017. For the quarter, revenue decline stabilized with total revenue of $7.6 million compared to $7.8 million in the second quarter of 2016. The corporation's loss before tax in the second quarter is consistent at $0.7 million despite an unrealized foreign exchange loss in the second quarter of 2017 of $0.4 million. EBITDA, adjusted for this unrealized foreign exchange loss increased from $0.5 million in the second quarter of 2016 to $0.9 million in the second quarter of 2017.