Capital Product Partners (CPLP) Misses Q2 EPS by 4c

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Capital Product Partners L.P. Announces Second Quarter 2020 Financial Results and Fleet Employment Update

July 31, 2020 7:00 AM EDT

ATHENS, Greece, July 31, 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 second quarter ended June 30, 2020.

Highlights

Quarterly Revenues, Expenses and Net Income of $36.6 million, $22.7 million and $8.7 million respectively for the second quarter of 2020.Operating Surplus1 and Operating Surplus after the quarterly allocation to the capital reserve of $25.5 million and $16.2 million respectively.Successfully completed the refinancing of three 9,000 TEU container... More