Cypress Energy Partners, L.P. Announces Fourth Quarter 2018 Results
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Cypress Energy Partners (CELP) Reports Q4 EPS of $0.13, Revenues Beat
March 18, 2019 6:57 AM EDTCypress Energy Partners (NYSE: CELP) reported Q4 EPS of $0.13, versus $0.25 reported last year. Revenue for the quarter came in at $88.9 million versus the consensus estimate of $75.2 million.
Revenue of $88.9 million for the three months ended December 31, 2018, compared with $69.4 million for the three months ended December 31, 2017, representing a 28% increase.Gross margin of $12.1 million for the three months ended December 31, 2018, compared to $9.3 million for the three months ended December 31, 2017, representing a 30% increase. The gross margin percentage was 13.6% for the three months ended December 31, 2018, compared to 13.4% for the three months ended December 31, 2017.Net income... More