Westmoreland Coal Company reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2017. For the quarter, the company reported revenues of $358,011,000 compared to $371,772,000 a year ago. Operating income was $14,255,000 compared to $8,753,000 a year ago. Loss before income taxes was $19,740,000 compared to $20,232,000 a year ago. Net loss applicable to common shareholders was $19,222,000 or $1.03 per basic and diluted share compared to $18,368,000 or $0.99 per basic and diluted share a year ago. Adjusted EBITDA was $62,583,000 compared to $73,534,000 a year ago. EBITDA was $58,422,000 compared to $60,191,000 a year ago.

For the nine months, the company reported revenues of $1,020,772,000 compared to $1,085,223,000 a year ago. Operating loss was $17,900,000 compared to income of $15,489,000 a year ago. Loss before income taxes was $108,530,000 compared to $70,755,000 a year ago. Net loss applicable to common shareholders was $106,409,000 or $5.70 per basic and diluted share compared to $19,550,000 or $1.06 per basic and diluted share a year ago. Adjusted EBITDA was $183,369,000 compared to $182,740,000 a year ago. EBITDA was $125,041,000 compared to $157,068,000 a year ago. Net cash provided by operating activities was $21,154,000 compared to $85,103,000 a year ago. Additions to property, plant and equipment was $25,365,000 compared to $30,619,000 a year ago. Free cash flow was $46,277,000 compared to $57,195,000 a year ago.

The company provided earnings guidance for the full year of 2017. For the period, the company expects adjusted EBITDA of $250 million to $270 million, free cash flow of $90 million to $115 million, capital expenditures of $40 million to $45 million and cash interest of approximately $95 million.