Capital Product Partners (CPLP) Misses Q3 EPS by 1c
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Capital Product Partners L.P. Announces Third Quarter 2017 Financial Results and the Successful Refinancing of Substantially All of the Partnership's Indebtedness
October 27, 2017 7:30 AM EDTATHENS, GREECE -- (Marketwired) -- 10/27/17 -- Capital Product Partners L.P. (the "Partnership" or "CPLP") (NASDAQ: CPLP), an international diversified shipping partnership, today released its financial results for the third quarter ended September 30, 2017 and more details on the successful refinancing of substantially all of the Partnership's indebtedness.
The Partnership's net income for the quarter ended September 30, 2017 was $9.7 million compared with $11.8 million for the third quarter of 2016 and $9.8 million for the previous quarter ended June 30, 2017. After taking into account the preferred interest in net income attributable to the unit holders of the 12,983,333 Class B Convertible... More
