Capital Product Partners (CPLP) Misses Q2 EPS by 2c
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Capital Product Partners L.P. Announces Second Quarter 2017 Financial Results, Entering Into a Firm Offer Letter for a New $460 Million Credit Facility for the Refinancing of Substantially All of the
July 28, 2017 7:30 AM EDTATHENS, GREECE -- (Marketwired) -- 07/28/17 -- Capital Product Partners L.P. (the "Partnership" or "CPLP") (NASDAQ: CPLP), an international diversified shipping partnership, today released its financial results for the second quarter ended June 30, 2017.
The Partnership's net income for the quarter ended June 30, 2017 was $9.8 million compared with $14.9 million for the second quarter of 2016 and $12.3 million for the previous quarter ended March 31, 2017. After taking into account the preferred interest in net income attributable to the unit holders of the 12,983,333 Class B Convertible Preferred Units outstanding as of June 30, 2017 (the "Class B Units" and the "Class B... More
