Capital Product Partners (CPLP) Misses Q1 EPS by 44c, Revenues Miss

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Capital Product Partners L.P. Announces First Quarter 2019 Financial Results

May 13, 2019 7:00 AM EDT

ATHENS, Greece, May 13, 2019 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the Partnership, or CPLP) (NASDAQ: CPLP), an international owner of ocean-going vessels, today released its financial results for the first quarter ended March 31, 2019.

As previously announced, the share-for-share transaction with DSS Holdings L.P. (the DSS Transaction), involving debt prepayment in the aggregate principal amount of $146.5 million, the full redemption and retirement of our Class B Convertible Preferred Units (the Class B Units) at par value and the spin-off of our 25 crude and product tankers (the Tanker Business), was completed on March... More