Ciner Resources LP (CINR) Misses Q2 EPS by 4c
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Ciner Resources LP Announces Second Quarter 2016 Financial Results
August 4, 2016 4:28 PM EDTATLANTA--(BUSINESS WIRE)-- Ciner Resources LP (NYSE: CINR) today reported its financial and operating results for the second quarter ended June 30, 2016.
Second Quarter 2016 Financial Highlights:
Net sales of $116.7 million decreased 4.5% over the prior-year second quarter; year-to-date net sales of $231.1 million decreased 4.7% over the prior-year. Net income of $21.8 million decreased 11.0% over the prior-year second quarter; year-to-date net income of $42.9 million decreased 15.9% over the prior-year. Adjusted EBITDA of $29.1 million decreased 7.3% over the prior-year second quarter; year-to-date adjusted EBITDA of $57.3 million decreased 11.0% over the prior-year.... More