Green Plains Partners Reports First Quarter 2019 Financial Results
Green Plains Partners LP - Common Units (GPP)
Last green plains partners lp - common units earnings: 2/10 05:01 pm
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US:NASDAQ Investor Relations:
ir.greenplainspartners.com
Company Research
Source: GlobeNewswire
Results for the First Quarter of 2019 Net income of $10.2 million, or $0.43 per common unitAdjusted EBITDA of $13.5 million and distributable cash flow of $11.4 millionQuarterly cash distribution of $0.475 per unitDistribution coverage ratio of 1.01x, LTM distribution coverage ratio of 1.02x OMAHA, Neb., May 08, 2019 (GLOBE NEWSWIRE) -- Green Plains Partners LP (NASDAQ:GPP) today announced financial and operating results for the first quarter of 2019. Net income was $10.2 million, or $0.43 per common unit, for the first quarter of 2019 compared with $13.4 million, or $0.41 per common unit, for the same period in 2018. The partnership reported adjusted EBITDA of $13.5 million and distributable cash flow of $11.4 million for the first quarter of 2019, compared with adjusted EBITDA of $17.1 million and distributable cash flow of $15.5 million for the same period in 2018. Distribution coverage was 1.01x for the three months ended March 31, 2019. “We continue to execute our business s
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