Ultrapetrol (Bahamas) Ltd. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2016. For the quarter, the company reported operating profit of $675,000, loss before income taxes of $10,818,000, net loss of $12,811,000 or $0.09 per share on total revenues of $73,680,000 against operating profit of $3,555,000, loss before income taxes of $3,333,000, net loss of $6,393,000 or $0.05 per share on total revenues of $96,094,000 for the same period a year ago. Adjusted net loss was $13,300,000 or $0.09 per share against adjusted net loss of $7,144,000 or $0.05 per share for the same period a year ago. Adjusted EBITDA was $13,777,000 against $17,847,000 for the same period a year ago. For the six months, the company reported operating profit of $4,650,000, loss before income taxes of $25,101,000, net loss of $29,911,000 or $0.21 per share on total revenues of $140,777,000 against operating profit of $8,368,000, loss before income taxes of $8,753,000, net loss of $11,500,000 or $0.08 per share on total revenues of $180,667,000 for the same period a year ago. Net cash provided by operating activities was $16,797,000 against $8,932,000 for the same period a year ago. Purchase of vessels and equipment was $5,697,000 against $19,427,000 for the same period a year ago. Adjusted consolidated EBITDA was $28,035,000 against $33,086,000 for the same period a year ago. Adjusted net loss was $30,982,000 or $0.22 per share against $11,588,000 or $0.08 per share for the same period a year ago.