Aegean Marine (ANW) Tops Q3 EPS by 12c

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Go back to Aegean Marine (ANW) Tops Q3 EPS by 12c

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

November 16, 2016 4:15 PM EST

NEW YORK, Nov. 16, 2016 /PRNewswire/ -- Aegean Marine Petroleum Network Inc. (NYSE: ANW) ("Aegean" or the "Company") today announced financial and operating results for the third quarter ended September 30, 2016.

Third Quarter Financial Highlights

Compared to prior year period:

Increased sales volumes to 4,258,954 metric tons. Reported gross profit of $88.4 million. Reported operating income of $22.5 million. Increased operating income adjusted for a loss on sale of non-core vessels and the accelerated vesting of the shares of Aegean's founder ("Accelerated Shares") was $29.6... More