Capital Product Partners (CPLP) Misses Q2 EPS by 3c

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Capital Product Partners L.P. Announces Second Quarter 2018 Financial Results and Fleet Employment Updates

July 27, 2018 7:30 AM EDT

ATHENS, Greece, July 27, 2018 (GLOBE NEWSWIRE) -- 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, 2018.

The Partnerships net income for the quarter ended June 30, 2018 was $4.0 million, compared with $9.8 million for the second quarter of 2017 and $5.3 million for the previous quarter ended March 31, 2018. After taking into account the preferred interest in net income attributable to the holders of the 12,983,333 Class B Convertible Preferred Units outstanding as of June 30, 2018 (the Class B Units, and... More