Capital Product Partners (CPLP) Misses Q3 EPS by 4c

Go back to Capital Product Partners (CPLP) Misses Q3 EPS by 4c

Capital Product Partners L.P. Announces Third Quarter 2015 Financial Results, Increases in Its Common and Class B Unit Distributions and Fleet Employment Updates

October 30, 2015 7:00 AM EDT

ATHENS, GREECE -- (Marketwired) -- 10/30/15 -- Capital Product Partners L.P. (the 'Partnership' or 'CPLP') (NASDAQ: CPLP), an international diversified shipping company, today released its financial results for the third quarter ended September 30, 2015.

The Partnership's net income for the quarter ended September 30, 2015, was $13.8 million. After taking into account the preferred interest in net income attributable to the unit holders of the 12,983,333 Class B Convertible Preferred Units outstanding as of September 30, 2015 (the 'Class B Units' and the 'Class B Unitholders'), the result for the quarter ended September 30, 2015, was $0.09 net income per common... More