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Stock impact report

Advanced Emissions Solutions Reports First Quarter 2019 Results

Advanced Emissions Solutions, Inc. (ADES) 
Last advanced emissions solutions, inc. earnings: 11/12 04:45 pm Check Earnings Report
Company Research Source: GlobeNewswire
HIGHLANDS RANCH, Colo., May 06, 2019 (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 first quarter ended March 31, 2019, including information about its equity investments in Tinuum Group, LLC ("Tinuum Group") and Tinuum Services, LLC ("Tinuum Services") (collectively "Tinuum"), of which ADES owns 42.5% and 50%, respectively. First Quarter Segment Highlights Tinuum & Refined Coal (“RC”) Highlights Tinuum distributions to ADES were $19.5 million, a year-over-year increase of 45%ADES earnings from Tinuum were $21.7 million, significantly higher than the prior year, which was impacted by the adopted change in lease and revenue accounting standardsRoyalty earnings from Tinuum were $4.2 million, a year-over-year increase of 31%Tinuum Group invested tonnage was 16.3 million, an increase of 17% over last yearRC Segment operating income was $25.4 mill Show less Read more
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