Capital Product Partners (CPLP) Misses Q3 EPS by 1c

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Capital Product Partners L.P. Announces Third Quarter 2018 Financial Results, Plan to Equip Part of the Partnership’s Fleet With Exhaust Gas Cleaning Systems and the Sale of the M/T 'Amore Mio

October 31, 2018 8:00 AM EDT

ATHENS, Greece, Oct. 31, 2018 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the Partnership or CPLP) (NASDAQ: CPLP), an international shipping partnership, today released its financial results for the third quarter ended September 30, 2018 and announced a plan to equip part of its fleet with exhaust gas cleaning systems (EGCS) and the sale of the M/T 'Amore Mio II'.

The Partnerships net loss for the quarter ended September 30, 2018 was $22.6 million. Net loss for the quarter ended September 30, 2018 includes a non-cash impairment charge of $28.8 million from the sale of the M/T 'Amore Mio... More