Knot Offshore: Q2 Earnings Snapshot
By AP News
Published - Sep 03, 2024, 04:27 PM ET
Last Updated - Sep 03, 2024, 04:27 PM EDT
ABERDEEN, Britain (AP) — ABERDEEN, Britain (AP) — Knot Offshore Partners LP (KNOP) on Tuesday reported a loss of $12.9 million in its second quarter.
On a per-share basis, the Aberdeen, Britain-based company said it had a loss of 38 cents. Earnings, adjusted for asset impairment costs, were less than 1 cent on a per-share basis.
The tanker company that serves the energy industry posted revenue of $74.4 million in the period.
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