earnings
confidence high
sentiment negative
materiality 0.60
Martin Midstream Partners Q1 net loss $1.0M, adjusted EBITDA $27.8M, FY guidance maintained
MARTIN MIDSTREAM PARTNERS L.P.
- Net loss of $1.0M ($0.03/unit) vs net income of $3.3M in Q1 2024; includes $0.8M merger termination costs.
- Adjusted EBITDA $27.8M, down from $30.4M in prior year period.
- Full-year 2025 adjusted EBITDA guidance reaffirmed at $109.1M.
- Quarterly cash dividend declared at $0.005 per common unit.
- Adjusted leverage ratio increased to 4.21x from 3.96x at year-end 2024.