Ultrapetrol (ULTR) Reports Q1 Loss of $0.09/Share
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Ultrapetrol Reports Financial Results for Second Quarter 2016
August 25, 2016 4:16 PM EDTNASSAU, Bahamas, Aug. 25, 2016 (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 second quarter ended June 30, 2016.
Second Quarter 2016 and subsequent events highlights:
Recorded second quarter 2016 revenues of $73.7 million; Â Recorded adjusted consolidated EBITDA of $13.8 million in the second quarter of 20161, which includes adjusted EBITDA of $6.4 million from our River Business, adjusted EBITDA of $7.0 million in our Offshore Supply Business, a negative... More