Capital Product Partners (CPLP) Tops Q4 EPS by 2c

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Capital Product Partners L.P. Announces Fourth Quarter 2018 Financial Results

January 31, 2019 7:30 AM EST

ATHENS, Greece, Jan. 31, 2019 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the Partnership or CPLP) (NASDAQ: CPLP), an international shipping partnership, today released its financial results for the fourth quarter ended December 31, 2018.

The Partnerships net income for the quarter ended December 31, 2018 was $13.2 million, compared with net income of $6.8 million for the fourth quarter of 2017 and net loss of $22.6 million for the previous quarter ended September 30, 2018. Net income for the fourth quarter of 2017 and net loss for the third quarter of 2018 included a non-cash impairment charge of $3.3 million and $28.8... More