Stonemor Partners (STON) Misses Q2 EPS by 8c

Go back to Stonemor Partners (STON) Misses Q2 EPS by 8c

StoneMor Partners L.P. Announces Second Quarter 2015 Financial Results

August 10, 2015 7:00 AM EDT

LEVITTOWN, Pa., Aug. 10, 2015 (GLOBE NEWSWIRE) -- StoneMor Partners L.P. (NYSE: STON) (StoneMor) announced its results of operations for the three months ended June 30, 2015. 

Larry Miller, StoneMors President and CEO commented, Were very pleased with our second quarter results which reflected record levels of quarterly GAAP revenue of $80.8 million and, for the first time, quarterly production-based revenues (non-GAAP) exceeded $100 million, reaching a record $107.0 million.  In fact, we experienced strong growth in every category of revenue as we continue to see the impact of increasing sales activity from our 2014 transactions.  Driving the growth in... More