Knot Offshore Partners (KNOP) Reports Q1 Revenue of $68M

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/30/2026

1. INTC
2. AMZN
3. RDDT
4. COIN
5. PINS
6. FSLR
7. SYK
8. DASH
9. GILD
10. SBUX

Go back to Knot Offshore Partners (KNOP) Reports Q1 Revenue of $68M

KNOT Offshore Partners LP Earnings Release—Interim Results for the Period Ended March 31, 2018

June 5, 2018 5:00 PM EDT

ABERDEEN, Scotland--(BUSINESS WIRE)-- Highlights

For the three months ended March 31, 2018, KNOT Offshore Partners LP (KNOT Offshore Partners or the Partnership):

Generated highest ever quarterly total revenues of $68.0 million, operating income of $31.9 million and net income of $30.7 million. Generated highest ever quarterly Adjusted EBITDA of $53.4 million.1 Generated highest ever quarterly distributable cash flow of $27.9 million.1 Reported a distribution coverage ratio of 1.55.2 Fleet operated with 99.6% utilization for scheduled operations and 99.5% utilization taking into account the scheduled drydocking of the Brasil Knutsen, which... More