Enviva Partners (EVA) Reports Q1 Loss of $0.42/Share

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Enviva Partners, LP Reports Financial Results for First Quarter 2019 and Announces Fifteenth Consecutive Distribution Increase

May 8, 2019 5:29 PM EDT

BETHESDA, Md.--(BUSINESS WIRE)-- Enviva Partners, LP (NYSE: EVA) (Enviva, the Partnership, or we) today reported financial and operating results for the first quarter of 2019.

Highlights:

The Partnership declared a quarterly distribution of $0.645 per unit, its fifteenth consecutive quarterly increase, and announced it expects to distribute at least $2.65 per common unit for full-year 2019 For the first quarter of 2019, the Partnership reported a net loss of $8.9 million, as compared to a net loss of $19.3 million for the first quarter of 2018, and an adjusted EBITDA increase to $21.6... More