Aegean Marine (ANW) Misses Q1 EPS by 33c, Revenue Beats

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Go back to Aegean Marine (ANW) Misses Q1 EPS by 33c, Revenue Beats

Aegean Marine Petroleum Network Inc. Announces First Quarter 2017 Financial Results

May 23, 2017 4:20 PM EDT

NEW YORK, May 23, 2017 /PRNewswire/ -- Aegean Marine Petroleum Network Inc. (NYSE: ANW) ("Aegean" or the "Company") today announced financial and operating results for the first quarter ended March 31, 2017.

First Quarter Financial Highlights

Recorded sales volumes of 4,450,263 metric tons. Achieved gross profit of $80.3 million. Generated operating income of $13.9 million. Recorded net income attributable to Aegean shareholders of $1.4 million or $0.03 basic and diluted earnings per share. Generated EBITDA of $21.9 million.

First Quarter Operational Highlights

E. Nikolas Tavlarios, Aegean's President,... More