Compass Diversified (CODI) Misses Q2 EPS by 2c

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Compass Diversified Holdings Reports Second Quarter 2016 Financial Results

August 3, 2016 4:16 PM EDT

WESTPORT, Conn., Aug. 3, 2016 /PRNewswire/ -- Compass Diversified Holdings (NYSE: CODI) ("CODI," "we," "our" or the "Company"), an owner of leading middle market businesses, announced today its consolidated operating results for the three months ended June 30, 2016.

Second Quarter 2016 Highlights

Generated Cash Provided by Operating Activities of $39.5 million, and Cash Flow Available for Distribution and Reinvestment ("CAD" or "Cash Flow") of $15.6 million for the second quarter of 2016; Reported net income of $19.4 million for the second quarter of 2016; Paid a second quarter 2016 cash distribution of $0.36 per... More