Advanced Disposal Services, Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2016. For the quarter, the company reported service revenues of $352.0 million against $349.6 million a year ago. Operating income was $43.2 million against $25.0 million a year ago. Loss before income taxes was $43.0 million against $14.4 million a year ago. Net loss was $20.1 million against $8.8 million a year ago. Net loss attributable to common stockholders per share basic and diluted was $0.24 against $0.14 per share a year ago. Adjusted EBITDA was $107.7 million against $101.5 million a year ago. Adjusted net income was $17.2 million against $5.5 million a year ago. Adjusted earnings per common share were $0.20 against $0.08 per share a year ago.

For the year, the company reported service revenues of $1,404.6 million against $1,396.4 million a year ago. Operating income was $131.9 million against $95.1 million a year ago. Loss before income taxes was $56.1 million against $53.0 million a year ago. Net loss was $30.4 million against $33.6 million a year ago. Net loss attributable to common stockholders per share basic and diluted was $0.44 against $0.52 per share a year ago. Adjusted net income was $33.5 million against $15.9 million a year ago. Adjusted earnings per common share were $0.48 against $0.24 per share a year ago. Replacement maintenance CapEx was $120.7 million or 8.6% of revenue, which is in line with target of 8.5% to 9.5% for replacement maintenance CapEx. Growth CapEx was $21.5 million or 1.5% of revenue, and infrastructure CapEx was $28.8 million or 2.1% of revenue, primarily related to the completion of consolidated billing collection facility, expansion of 2 maintenance facilities that were driven by volume growth and landfill expansion property. Adjusted EBITDA was $411.1 million against $400.0 million a year ago. Net cash provided by operating activities was $237.0 million against $244.5 million a year ago. Purchases of property and equipment and construction and development were $171.0 million against $179.7 million a year ago.

For the year 2017, the company expects net cash provided by operating activities of $292.0 million to $321.0 million. Purchases of property and equipment are expected to be between $171.0 million to $180.0 million. Adjusted free cash flow is expected between $121.0 million to $141.0 million.