Real Industry, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported revenues of $314.9 million against $338.6 million a year ago. Operating loss was $3.5 million against operating profit of $7.4 million a year ago. Loss from continuing operations before income taxes was $11.3 million against profit from continuing operations before income taxes of $2.5 million a year ago. Loss from continuing operations was $10.8 million against profit from continuing operations of $2.0 million a year ago. Net loss available to common stockholders was $11.6 million against net earnings available to common stockholders of $0.5 million a year ago. Basic and diluted loss per share from continuing operations were $0.40 against basic and diluted earnings per share $0.04 a year ago. CapEx in the third quarter was $7.4 million.

For the nine months, the company reported revenues of $945.2 million against $845.1 million a year ago. Operating profit was $2.5 million against $7.0 million a year ago. Loss from continuing operations before income taxes was $21.7 million against $36.2 million a year ago. Loss from continuing operations was $22.1 million against $29.5 million a year ago. Net loss available to common stockholders was $24.7 million against $4.9 million a year ago. Basic and diluted loss per share from continuing operations were $0.85 against $1.21 a year ago. The has spent $18.6 million CapEx.

The company expects overall productivity in 2016 to exceed what was achieved in 2015 and expect these projects that working to continue to pay dividends into next year and beyond.