TOR Minerals International Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2015. For the quarter, the company has posted net sales of $7,993,000 against $9,889,000 a year ago. Operating loss was $5,476,000 against $2,227,000 a year ago. LBIT was $5,504,000 against $2,184,000 a year ago. Net loss was $5,946,000 or $1.97 basic and diluted per share against $1,710,000 or $0.57 basic and diluted per share a year ago.

For the year, the company has posted net sales of $37,059,000 against $46,730,000 a year ago. Operating loss was $5,733,000 against $529,000 a year ago. LBIT was $6,054,000 against $741,000 a year ago. Net loss was $6,364,000 or $2.11 basic and diluted per share against $554,000 or $0.18 basic and diluted per share a year ago. Net cash provided by operating activities was $3,499,000 against $4,555,000 a year ago. Additions to property, plant and equipment was $5,662,000 against $2,064,000 a year ago. Adjusted EBITDA was $2,150,000 against $5,057,000 a year ago.