Ciner Resources LP (CINR) Misses Q3 EPS by 13c, Revenues Miss
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Ciner Resources LP Announces Third Quarter 2018 Financial Results
November 5, 2018 4:08 PM ESTATLANTA--(BUSINESS WIRE)-- Ciner Resources LP (NYSE: CINR) today reported its financial and operating results for the third quarter ended September30, 2018.
Third Quarter 2018 Financial Highlights:
Net sales of $123.4 million increased 0.7% over the prior-year third quarter; year-to-date net sales of $354.5 million decreased 3.9% over the prior-year. Net income of $19.0 million decreased 1.6% over the prior-year third quarter; year-to-date net income of $74.4 million, including a $25.9 million net litigation settlement, increased 25.7% over the prior-year. Adjusted EBITDA of $27.8 million decreased 4.8% over the prior-year third quarter; year-to-date Adjusted EBITDA of $99.5... More