Divestco Inc. announced earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported revenue of $2.0 million compared to $3.1 million in third quarter of 2015, a decrease of $1.1 million (35%). LBITDA was $424,000 against $76,000 a year ago. Net loss was $2,426,000 or $0.04 per basic and diluted share against $1,837,000 or $0.03 per basic and diluted share a year ago. Funds used in operations were $453,000 or $0.01 per basic and diluted share against funds from operations of $42,000 a year ago. For the nine months, the company generated revenue of $8.3 million compared to $15.5 million in the same period in 2015, a decrease of $7.2 million (46%). This was primarily a result of lower seismic participation revenue and Services segment revenue partially offset by higher seismic data library and log data revenue. EBITDA was $585,000 against $8,449,000 a year ago. Net loss was $5,234,000 or $0.08 per basic and diluted share against $2,363,000 or $0.04 per basic and diluted share a year ago. Funds used in operations were $567,000 or $0.01 per basic and diluted share against funds from operations of $3,030,000 or $0.05 per basic and diluted share a year ago.