InsPro Technologies Corporation announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2016. Revenues were $4,439,300 in the second quarter of 2016, a 21% decrease as compared to $5,588,153 in the second quarter of 2015. Net loss was $1,479,904 in the second quarter of 2016 as compared to a net loss of $1,489,199 in the second quarter of 2015. Operating loss from continuing operations was $1,498,700 against $1,498,116 a year ago. Loss from continuing operations was $1,505,181 against $1,530,217 a year ago. Net loss per basic and diluted share was $0.04 against $0.04 a year ago. Revenues were $11,236,571 in the six months ended June 30, 2016; a 21% increase as compared to the $9,320,926 in the six months ended June 30, 2015. The net loss in the six months ended June 30, 2016 was favorably impacted by higher revenues, which was the result in the growth in clients, combined with lower cost of revenues, a result of decreased utilization of several outside consulting firms that assisted with modifications to InsPro Enterprise’s functionality and new clients’ implementations of InsPro Enterprise as compared to the same time period last year. Operating loss from continuing operations was $1,911,134 against $4,729,936 a year ago. Loss from continuing operations was $1,921,593 against $4,790,463 a year ago. Net loss per basic and diluted share was $0.05 against $0.11 a year ago.