MMLP Q2 net income $6.6M, raises FY2022 EBITDA guidance to $126-135M

MARTIN MIDSTREAM PARTNERS L.P.

Net income $6.6M vs loss of $6.6M YoY; diluted EPS $0.17, revenue $267M (+45%).
Adjusted EBITDA $38.3M, up 70% from $22.5M; distributable cash flow $22.3M vs $7.3M.
Transportation segment EBITDA $14.6M ($5M in Q2 2021); Sulfur Services $13.9M ($8.9M).
FY2022 adjusted EBITDA guidance raised to $126-135M; leverage ratio 3.46x (down from 3.87x).
Quarterly distribution declared $0.005/unit, payable Aug 12, 2022, record Aug 5.

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