Nov 4 (Reuters) - Newalta Corp NAL.TO :
* Reports third quarter 2015 results
* Says Q3 FFO per share $0.29
* Says Q3 net loss $0.23 per share
* Says adjusted EBITDA in the fourth quarter of 2015 is expected to be lower
than the third quarter
* Says Q3 revenue $83.5 million versus $135.4 million
* Our performance in 2015 has been significantly impacted by the sharp drop in
oil prices"
* Says we have reduced our guidance for the final quarter of 2015
* Says adjusted EBITDA in Q4 is expected to be lower than Q3
* Says Q3 book value per share $16.36
* Says expect to realize approximately $10 million of savings in Q4
* Says expect to incur about $4 million in additional restructuring and other
related costs in the fourth quarter of 2015
* Anticipate cost reduction,rationalization initiatives will drive in excess of
$35 million in annualized ongoing savings
* Says expect to incur approximately $4 million in additional restructuring and
other related costs in Q4
* Source text for Eikon urn:newsml:reuters.com:*:nMKWhkmha
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