Azure Midstream Partners (AZUR) Reports Q4 Revenue of $18.1M, Says 10-K to Include Going Concern Paragraph
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Azure Midstream Partners, LP Reports Fourth Quarter 2015 Financial Results
March 30, 2016 6:00 AM EDT
DALLAS, March 30, 2016 /PRNewswire/ -- Azure Midstream Partners, LP (NYSE: AZUR) ("Azure" or the "Partnership"), announced financial and operating results for the three months ended December 31, 2015. Adjusted EBITDA for the fourth quarter 2015 was $11.0 million and distributable cash flow was $8.3 million, or $0.38 per limited partner unit. The Partnership recognized a net loss of ($1.8) million for the quarter. Adjusted EBITDA and distributable cash flow are explained in greater detail under "Non-GAAP Financial Measures," and reconciliations of these measures to their most directly comparable GAAP measures are... More
