Cypress Energy Partners, L.P. (NYSE:CELP) revenue for the first 3 months

On Friday, Cypress Energy Partners, L.P. (NYSE:CELP) oscillated between $5.36 and $8.40 before concluding trading period higher at $7.30. The stock recorded total trading quantity of 4.89K shares as compared to its average volume of 9.69K shares. The share price fluctuated between $5.36 and $8.40 during the 52-week trading period. The firm has a total market worth of $87.97M and 12.05M shares remain outstanding.

Cypress Energy Partners, L.P. (NYSE:CELP) recently stated.

  • Revenue of $90.4M for the three months ended March 31, 2019, contrast with $64.8M for the three months ended March 31, 2018, a raise of 39%.
  • Gross margin of $10.0M or 11.1% for the three months ended March 31, 2019, contrast to $8.1M or 12.5% for the three months ended March 31, 2018, a raise of 23%.
  • Net income of $1.4M for the three months ended March 31, 2019, contrast to a net income of $1.0M for the three months ended March 31, 2018, a raise of 44%.
  • Net income attributable to ordinary unitholders of $0.6M for the three months ended March 31, 2019, contrast to $0.7M for the three months ended March 31, 2018 (after giving effect to $1.0M of net income attributable to preferred unitholders in the three months ended March 31, 2019 related to preferred units that were issued in May 2018).
  • Adjusted EBITDA of $4.4M for the three months ended March 31, 2019, contrast to $3.3M for the three months ended March 31, 2018, a raise of 37%.
  • Adjusted EBITDA attributable to limited partners of $4.5M for the three months ended March 31, 2019, contrast to $2.9M for the three months ended March 31, 2018, a raise of 58%.
  • Distributable Cash Flow accessible to ordinary unitholders of $2.3M for the three months ended March 31, 2019, contrast to $0.9M for the three months ended March 31, 2018, a raise of 145%.

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