Ultrapetrol (ULTR) Tops Q1 EPS by 3c

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Ultrapetrol Reports Financial Results for First Quarter 2015

May 14, 2015 4:15 PM EDT

NASSAU, Bahamas, May 14, 2015 (GLOBE NEWSWIRE) -- Ultrapetrol (Bahamas) Limited (Nasdaq: ULTR), an industrial transportation company serving marine transportation needs in three markets (River Business, Offshore Supply Business and Ocean Business), today announced financial results for the first quarter ended March 31, 2015.

First Quarter 2015 and subsequent events highlights:

Recorded first quarter 2015 revenues of $84.6 million;   Recorded adjusted consolidated EBITDA of $15.2 million in the first quarter of 20151, which includes adjusted EBITDA of $3.2 million from our River Business, adjusted EBITDA of $12.6 million in our Offshore Supply Business, adjusted EBITDA of $1.4 million from... More