United States

StoneMor Partners reports Q1 cash from operating activities of $12.4 mln

Tuesday, 6 Jun 2017 07:00am EDT 

June 6 (Reuters) - Stonemor Partners Lp :Provides preliminary unaudited financial results for first quarter 2017 and fourth quarter 2016.Preliminary qtrly ‍cash distributions declared per unit $0.33 for three months ended march, 2017​.Cash from operating activities reached $12.4 million in q1 of 2017​."Fiscal year 2016 was a challenging year"​.Working to remediate control issues that gave rise to discovery co been under-reporting GAAP revs, over-reporting GAAP deferred revenue​.We aim to file our 2016 form 10-k by july 15, 2017, and our form 10-q for period ended march 31, 2017 within 45 days after that​.