Capital Product Partners (CPLP) Misses Q1 EPS by 1c

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Capital Product Partners L.P. Announces (1) First Quarter 2015 Financial Results, (2) Increases in Our Common and Class B Unit Distributions, (3) Amendments to and Partial Prepayments of Certain of Ou

April 30, 2015 7:01 AM EDT

ATHENS, GREECE -- (Marketwired) -- 04/30/15 -- Capital Product Partners L.P. (the "Partnership" or "CPLP") (NASDAQ: CPLP), an international diversified shipping company, today released its financial results for the first quarter ended March 31, 2015.

The Partnership's net income for the quarter ended March 31, 2015, was $12.2 million. After taking into account the preferred interest in net income attributable to the unit holders of the 13,023,737 Class B Convertible Preferred Units outstanding as of March 31, 2015 (the "Class B Units" and the "Class B Unitholders"), the result for the quarter ended March 31, 2015, was $0.09 net income per limited partnership... More