NII Holdings Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2016. For the quarter, operating revenues were $243.1 million against $303.2 million a year ago. Operating loss was $28.8 million against $198.1 million a year ago. Loss from continuing operations before reorganization items and income tax provision was $4.2 million against $231.6 million a year ago. Net loss from continuing operations was $4.8 million against income of $1,737.8 million a year ago. Net loss was $9.9 million against income of $2,050.0 million a year ago. Net loss from continuing operations per basic and diluted common share was $0.05 against income of $10.03 per diluted share a year ago. Net loss per basic and diluted common share was $0.10 against income of $11.83 per diluted share a year ago. OBIDA was $11.9 million against loss of $124.4 million a year ago. Adjusted OBIDA was $14.4 million against loss of $94.9 million a year ago.

For six months, operating revenues were $463.7 million against $643.9 million a year ago. Operating loss was $82.8 million against $303.9 million a year ago. Loss from continuing operations before reorganization items and income tax provision was $36.6 million against $435.5 million a year ago. Net loss from continuing operations was $37.6 million against income of $1,519.4 million a year ago. Net loss was $46.5 million against income of $1,740.5 million a year ago. Net loss from continuing operations per basic and diluted common share was $0.37 against income of $8.71 per diluted share a year ago. Net loss per basic and diluted common share was $0.46 against income of $9.98 per diluted share a year ago. Net cash provided by operating activities was $8.0 million against cash used in operating activities of $254.8 million a year ago. OBIDA was $2.0 million against loss of $150.0 million a year ago. Adjusted OBIDA was $6.4 million against loss of $113.2 million a year ago.

For the quarter, the company reported asset impairment charges of $7.3 million against $25.3 million a year ago.