Martin Midstream Q2 net loss $6.6M, revenue up 31% to $184.3M; credit facility amended, distribution $0.005/unit

MARTIN MIDSTREAM PARTNERS L.P.

Net loss of $6.6M ($0.17/unit) vs loss of $2.2M ($0.06/unit) in Q2 2020; adjusted EBITDA $22.5M vs $23.9M.
Revenue $184.3M, up 31% YoY from $140.6M; FY2021 cash flow guidance $95M-$102M reaffirmed.
Declared quarterly distribution of $0.005/unit (annual $0.02), payable Aug 13, record Aug 6.
Credit facility amended effective July 16: commitments reduced to $275M from $300M, new covenant ratios.

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