Hoegh LNG Partners (HMLP) Misses Q1 EPS by 5c, Revenue Beats

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Hoegh LNG Partners LP Reports Preliminary Financial Results for the Quarter Ended March 31, 2017

May 24, 2017 6:45 AM EDT

HAMILTON, Bermuda, May 24, 2017 /PRNewswire/ -- Höegh LNG Partners LP (NYSE: HMLP) (the "Partnership") today reported its financial results for the quarter ended March 31, 2017.

Highlights

Reported total time charter revenues of $35.1 million for the first quarter of 2017 compared to $21.7 million of time charter revenues for the first quarter of 2016 Generated operating income of $25.7 million and net income of $16.2 million for the first quarter of 2017 compared to operating income of $6.2 million and net loss of $1.0 million for the first quarter of 2016; operating income and... More