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Knot Offshore: Q1 Earnings Snapshot

·1 min read

ABERDEEN, Britain (AP) _ Knot Offshore Partners LP (KNOP) on Wednesday reported first-quarter net income of $28.1 million.

The Aberdeen, Britain-based company said it had net income of 86 cents per share.

The tanker company that serves the energy industry posted revenue of $71.5 million in the period.

Knot Offshore shares have risen 30% since the beginning of the year. The stock has climbed 35% in the last 12 months.

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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

The Associated Press

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