Enviva Partners (EVA) Tops Q2 EPS by 5c
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Enviva Partners, LP Reports Financial Results for Second Quarter 2015
July 30, 2015 7:05 AM EDTBETHESDA, Md.--(BUSINESS WIRE)-- Enviva Partners, LP (NYSE: EVA) (the Partnership or we) today reported financial and operating results for the second quarter of 2015. The Partnership closed its initial public offering (the IPO) on May 4, 2015.
Highlights for the Quarter:
Exceeded plan and generated adjusted EBITDA of $16.0 million (on net income of $1.0 million) Declared initial quarterly cash distribution of $0.2630 per unit ($0.4125 MQD prorated for post-IPO period) Maintained strong balance sheet with $76.7 million of cash for future growth... More