Enviva Partners (EVA) Misses Q1 EPS by 6c
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Enviva Partners, LP Reports Increased Financial Results for First Quarter 2016
May 5, 2016 7:48 AM EDTBETHESDA, Md.--(BUSINESS WIRE)-- Enviva Partners, LP (NYSE: EVA) (the Partnership or we) today reported financial and operating results for the first quarter of 2016.
Highlights for the First Quarter of 2016:
Generated net income of $7.5 million and adjusted EBITDA of $18.5 million, up from $2.5 million and $16.9 million, respectively, for the first quarter in 2015 Increased the quarterly distribution by more than 10 percent to $0.5100 per unit Reaffirmed 2016 guidance including full-year distributions of at least $2.10 per unit, excluding any impact of potential... More