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Enviva Partners LP Q2 revenue $126.9 million


Thursday, 3 Aug 2017 07:30am EDT 

Aug 3 (Reuters) - Enviva Partners Lp :Enviva Partners LP reports financial results for second quarter 2017.Q2 revenue $126.9 million versus I/B/E/S view $142.1 million.Enviva Partners LP qtrly ‍net income per common unit (diluted) $0.11​.Enviva Partners LP - ‍for full-year 2017, partnership reaffirms its distribution guidance of at least $2.36 per common and subordinated unit​.Enviva Partners LP - ‍partnership is revising its full-year 2017 guidance due to lower than expected plant utilization among others​.Enviva Partners - ‍partnership now expects FY2017 net income to be in range of $18.5 million - $22.5 million, adjusted EBITDA to be in range of $103 million to $107 million​.Enviva Partners LP - ‍partnership expects to incur maintenance capital expenditures of $4.5 million in 2017​.Enviva Partners LP - ‍partnership expects full-year distributable cash flow to be in range of $68.5 million to $72.5 million​.Enviva Partners LP - ‍impact of process improvements affected our Q2 financial results and expectations for part of year​.