Advanced Emissions Solutions Reports Fourth Quarter and Full Year 2018 Results
Advanced Emissions Solutions, Inc. (ADES)
Last advanced emissions solutions, inc. earnings: 11/12 04:45 pm
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US:NASDAQ Investor Relations:
advancedemissionssolutions.com/ades-investors/overview
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Source: GlobeNewswire
Full-Year Refined Coal Distributions in-line with Expectations and Royalties Higher; Acquisition and Integration of Carbon Solutions to form Power Generation & Industrials Segment HIGHLANDS RANCH, Colo., March 18, 2019 (GLOBE NEWSWIRE) -- Advanced Emissions Solutions, Inc. (NASDAQ: ADES) (the "Company" or "ADES") today filed its Annual Report on Form 10-K and reported financial results for the fourth quarter and full year ended December 31, 2018, including information about its equity investment in Tinuum Group, LLC ("Tinuum Group") and Tinuum Services, LLC ("Tinuum Services") (collectively "Tinuum"), of which ADES owns 42.5% and 50%, respectively. Tinuum & Refined Coal (“RC”) Highlights Tinuum distributions to ADES were $15.1 million for the fourth quarter, and $52.7 million for full year 2018, both of which declined slightly due to capital expenditures to prepare additional facilities for future investing partnersRoyalty earnings from Tinuum Group were $4.3 million for the four
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