Advanced Emissions Solutions (ADES) Swings to Q2 Profit

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Go back to Advanced Emissions Solutions (ADES) Swings to Q2 Profit

Advanced Emissions Solutions Reports Second Quarter 2016 Results

August 9, 2016 6:54 PM EDT

HIGHLANDS RANCH, Colo., Aug. 09, 2016 (GLOBE NEWSWIRE) -- Advanced Emissions Solutions, Inc. (NASDAQ: ADES) (the "Company" or "ADES") today filed its Quarterly Report on Form 10-Q and reported financial results for the second quarter ended June 30, 2016, including information about its joint-venture partnerships, Clean Coal Solutions, LLC (CCS) and Clean Coal Solutions Services, LLC (CCSS), of which ADES owns 42.5% and 50%, respectively.   

CCS & Refined Coal (RC) Highlights

CCS & CCSS distributions to ADES were $15.9 million during the second quarter of 2016, an increase of $11.2 million from the comparable period in 2015Royalty earnings... More