Capital Product Partners (CPLP) Misses Q4 EPS by 1c

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Capital Product Partners L.P. Announces Fourth Quarter 2015 Financial Results and Fleet Employment Updates

January 29, 2016 8:00 AM EST

ATHENS, GREECE -- (Marketwired) -- 01/29/16 -- Capital Product Partners L.P. (the "Partnership" or "CPLP") (NASDAQ: CPLP), an international diversified shipping company, today released its financial results for the fourth quarter ended December 31, 2015.

The Partnership's net income for the quarter ended December 31, 2015 was $15.4 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 December 31, 2015 (the "Class B Units" and the "Class B Unitholders"), and the general partner's interest in the Partnership's net income, the result for the quarter... More