Green Plains Partners Reports Fourth Quarter and Full Year 2018 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
Net income of $14.1 million, or $0.51 per common unitAdjusted EBITDA of $15.2 million and distributable cash flow of $13.1 millionQuarterly cash distribution of $0.475 per unitDistribution coverage ratio of 1.16x; LTM distribution coverage ratio of 1.01x OMAHA, Neb., Feb. 11, 2019 (GLOBE NEWSWIRE) -- Green Plains Partners LP (NASDAQ:GPP) today announced financial and operating results for the fourth quarter of 2018. Net income was $14.1 million, or $0.51 per common unit, for the fourth quarter of 2018 compared with $16.3 million, or $0.50 per common unit, for the same period in 2017. The partnership reported adjusted EBITDA of $15.2 million and distributable cash flow of $13.1 million for the fourth quarter of 2018, compared with adjusted EBITDA of $19.0 million and distributable cash flow of $17.6 million for the same period in 2017. Distribution coverage was 1.16x for the three months ended December 31, 2018. “We are fully committed to Green Plains Partners and its business mode
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