Aegean Marine (ANW) Misses Q2 EPS by 7c

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

August 10, 2017 4:05 PM EDT

NEW YORK, NY -- (Marketwired) -- 08/10/17 -- Aegean Marine Petroleum Network Inc. (NYSE: ANW) ("Aegean" or the "Company") today announced financial and operating results for the second quarter ended June 30, 2017.

Second Quarter Financial Highlights

Recorded sales volumes of 4,474,494 metric tons. Achieved gross profit of $82.2 million. Generated operating income of $16.2 million. Recorded net income attributable to Aegean shareholders of $1.7 million or $0.04 basic and diluted earnings per share. Generated EBITDA of $24.2 million.

Management Commentary

Jonathan Mcilroy, Aegean's President,... More