Ciner Resources LP (CINR) Misses Q3 EPS by 1c
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Ciner Resources LP Announces Third Quarter 2016 Financial Results
November 3, 2016 4:29 PM EDTATLANTA--(BUSINESS WIRE)-- Ciner Resources LP (NYSE: CINR) today reported its financial and operating results for the third quarter ended September 30, 2016.
Third Quarter 2016 Financial Highlights:
Net sales of $121.0 million increased 3.2% over the prior-year third quarter; year-to-date net sales of $352.1 million decreased 2.2% over the prior-year. Net income of $23.1 million decreased 14.1% over the prior-year third quarter; year-to-date net income of $65.9 million decreased 15.4% over the prior-year. Adjusted EBITDA of $30.6 million decreased 8.9% over the prior-year third quarter; year-to-date adjusted EBITDA of $87.9 million decreased 10.4% over the prior-year.... More