Green Plains Partners Reports Third Quarter 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 $14.5 million, or $0.44 per common unitAdjusted EBITDA of $16.8 million and distributable cash flow of $14.9 millionQuarterly cash distribution of $0.475 per unitDistribution coverage ratio of 0.96x, LTM distribution coverage ratio of 1.02x OMAHA, Neb., Nov. 07, 2018 (GLOBE NEWSWIRE) -- Green Plains Partners LP (NASDAQ:GPP) today announced financial and operating results for the third quarter of 2018. Net income was $14.5 million, or $0.44 per common unit, for the third quarter of 2018 compared with $14.5 million, or $0.45 per common unit, for the same period in 2017. The partnership reported adjusted EBITDA of $16.8 million and distributable cash flow of $14.9 million for the third quarter of 2018, compared with adjusted EBITDA of $16.4 million and distributable cash flow of $14.9 million for the same period in 2017. Distribution coverage was 0.96x for the three months ended September 30, 2018. “The partnership will remain the primary vehicle to expand our downstrea
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