CVR Partners, LP (UAN) Reports In-Line Q1 EPS

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Go back to CVR Partners, LP (UAN) Reports In-Line Q1 EPS

CVR Partners Reports 2016 First Quarter Results And Announces Cash Distribution of 27 Cents

April 28, 2016 8:31 AM EDT

SUGAR LAND, Texas, April 28, 2016 /PRNewswire/ -- CVR Partners, LP (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate (UAN) solution fertilizer products, today announced first quarter 2016 net income of $18.0 million, or 25 cents per fully diluted common unit, on net sales of $73.1 million, compared to net income of $29.8 million, or 41 cents per fully diluted common unit, on net sales of $93.1 million for the first quarter a year earlier.

Adjusted EBITDA, a non-GAAP financial measure, was $27.9 million for the first quarter... More