Ciner Resources LP (CINR) Misses Q4 EPS by 14c

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Ciner Resources LP Announces Fourth Quarter and Year Ended 2016 Financial Results

February 16, 2017 5:09 PM EST

ATLANTA--(BUSINESS WIRE)-- Ciner Resources LP (NYSE: CINR) today reported its financial and operating results for the fourth quarter and year ended December 31, 2016.

Fourth Quarter and Year Ended 2016 Financial Highlights:

Net sales of $123.1 million decreased 2.6% over the prior-year fourth quarter; year-to-date net sales of $475.2 million decreased 2.3% over the prior year. Net income of $20.4 million decreased 27.9% over the prior-year fourth quarter; year-to-date net income of $86.3 million decreased 18.7% over the prior year. Adjusted EBITDA of $28.6 million decreased 20.3% over the prior-year fourth quarter;... More