Capital Product Partners (CPLP) Misses Q1 EPS by 8c
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Capital Product Partners L.P. Announces First Quarter 2020 Financial Results
May 6, 2020 8:00 AM EDTATHENS, Greece, May 06, 2020 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the Partnership, CPLP or we / us) (NASDAQ: CPLP), an international owner of ocean-going vessels, today released its financial results for the first quarter ended March 31, 2020.
Highlights
Quarterly Revenues, Expenses and Net Income of $33.7 million, $22.5 million and $6.7 million respectively for the first quarter of 2020.Operating Surplus1 and Operating Surplus after the quarterly allocation to the capital reserve of $21.1 million and $10.9 million respectively.Completed in January 2020 the acquisition of three 10,000 TEU containers with long term charters to... More