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Knot Offshore: 2Q Earnings Snapshot

August 28, 2019 GMT

ABERDEEN, Britain (AP) _ Knot Offshore Partners LP (KNOP) on Wednesday reported second-quarter net income of $8.2 million.

On a per-share basis, the Aberdeen, Britain-based company said it had net income of 25 cents.

The tanker company that serves the energy industry posted revenue of $70.9 million in the period.

Knot Offshore shares have risen slightly more than 3% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $18.53, a decline of 17% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KNOP at https://www.zacks.com/ap/KNOP