Ultrapetrol (ULTR) Misses Q3 EPS by 3c

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Ultrapetrol Reports Financial Results for Third Quarter 2015

November 11, 2015 4:15 PM EST

NASSAU, Bahamas, Nov. 11, 2015 (GLOBE NEWSWIRE) -- Ultrapetrol (Bahamas) Limited (NASDAQ: ULTR), an industrial transportation company serving marine transportation needs in three markets (River Business, Offshore Supply Business and Ocean Business), today announced financial results for the third quarter ended September 30, 2015.

Third Quarter 2015 and subsequent events highlights:

Recorded third quarter 2015 revenues of $95.7 million; Recorded adjusted consolidated EBITDA of $17.9 million in the third quarter of 20151, which includes adjusted EBITDA of $9.4 million from our River Business, adjusted EBITDA of $12.7 million in our Offshore Supply Business, a negative adjusted EBITDA... More