TransMontaigne Partners (TLP) Misses Q3 EPS by 17c

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Go back to TransMontaigne Partners (TLP) Misses Q3 EPS by 17c

TransMontaigne Partners L.P. Announces Financial Results for the Quarter Ended September 30, 2015

November 5, 2015 8:17 AM EST

DENVER--(BUSINESS WIRE)-- TransMontaigne Partners L.P. (NYSE: TLP) today announced its financial results for the quarter ended September 30, 2015.

FINANCIAL RESULTS

An overview of the financial performance for the quarter ended September 30, 2015, as compared to the quarter ended September 30, 2014, includes:

Operating income increased to $10.1 million compared to $8.3 million, principally due to the following: Revenue was $37.3 million compared to $35.7 million due to increases in revenue at the Gulf Coast, Midwest and Brownsville terminals of approximately $0.5 million, $0.2 million and $1.2 million, respectively, offset by a... More