American Midstream Partners, LP Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2018; Announces Impairment of Long-Lived Assets and Intangible Assets for the Fourth Quarter Ended December 31, 2018
For the full year, the company reported revenues of $805,354,000 against $651,435,000 a year ago. Operating income was $25,268,000 against operating loss of $294,205,000 a year ago. Net loss was $7,648,000 against $218,506,000 a year ago. Basic and diluted loss from continuing operations per share was $0.75 against $5.7 a year ago. Basic and diluted net loss per common unit was $0.75 against $4.85 a year ago. Basic and diluted loss from continuing operations was $0.75 against $5.70 a year ago.
For the quarter, the company reported impairment of long-lived assets and intangible assets was $1,610,000 against $116,609,000 a year ago.