Aegean Marine (ANW) Tops Q2 EPS by 9c

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Aegean Marine Petroleum Network Inc. Announces Second Quarter 2016 Financial Results

August 10, 2016 4:03 PM EDT

NEW YORK, Aug. 10, 2016 /PRNewswire/ -- Aegean Marine Petroleum Network Inc. (NYSE: ANW) ("Aegean" or the "Company") today announced financial and operating results for the second quarter ended June 30, 2016.

Second Quarter Financial Highlights

Compared to prior year period:

Increased sales volumes by 29.9% to 4,092,789 metric tons. Increased gross profit by 19.0% to $93.4 million compared to prior year. Increased operating income by 95.3% to $28.9 million. Increased operating income adjusted for a loss on sale of non-core vessels by 111.5% to $31.3... More