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Knot Offshore: 4Q Earnings Snapshot

ABERDEEN, Britain (AP) _ Knot Offshore Partners LP (KNOP) on Wednesday reported fourth-quarter net income of $8.8 million.

On a per-share basis, the Aberdeen, Britain-based company said it had profit of 27 cents.

The tanker company that serves the energy industry posted revenue of $70.9 million in the period.

For the year, the company reported profit of $82.2 million, or $2.51 per share. Revenue was reported as $279.5 million.

Knot Offshore shares have climbed almost 2 percent since the beginning of the year. The stock has declined 10 percent in the last 12 months.


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