May 16 (Reuters) - Aveda Transportation And Energy Services
Inc AVE.V
* Qtrly loss per share was $0.54 compared to $0.06 per share
in comparative period;
* Revenue declined by 67% to $12.0 million in q1 of 2016
compared to $36.6 million in 2015
* Aveda expects 2016 to be "operationally challenging"
* Expects to generate an adjusted ebitda loss during first
half of 2016
* Based on current cash availability on debt facility, has
financial capacity to meet obligations through 2016
* Aveda transportation and energy services announces results
for the first quarter of 2016
Source text for Eikon: ID:nMKWlfN5Ma
Further company coverage: AVE.V