ABERDEEN, Britain (AP) _ Knot Offshore Partners LP (KNOP) on Wednesday reported first-quarter net income of $28.1 million.
The Aberdeen, Britain-based company said it had net income of 86 cents per share.
The tanker company that serves the energy industry posted revenue of $71.5 million in the period.
Knot Offshore shares have risen 30% since the beginning of the year. The stock has climbed 35% in the last 12 months.
The Associated Press