Martin Midstream Partners L.P. ($MMLP) Q3 Loss Widens; Revenues Drop

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The earnings report of Martin Midstream Partners L.P. (NASDAQ: MMLP) was released after the closing bell, providing investors with an understanding of the company’s performance in the third quarter.

 Important figures and essencial details

  • The business closed the quarter with a loss of $0.08 per share, in contrast with loss of $0.03 per share exhibited in the identical quarter prior year.
  • Nevertheless, the revenues for the quarter reaching $170.93 million, dropped 3.26 percent comparing to the comparable quarter of last year.
  • The outcomes fell below the market forecasted $0.03 loss per share with the $176.43 million revenue.
  • Martin Midstream Partners (MMLP) shares traded as low as $3.97 and as high as $4.00 on a day volume of 140.90 thousand shares, closed Wednesday’s regular trading session at $4.00, a rise of 0.50 percent.