TEN Ltd (TNP) Reports Q3 Loss of $0.55, Revenues Beat

TEN Ltd (NYSE: TNP) reported Q3 EPS of ($0.55), versus $0.00 reported last year. Revenue for the quarter came in at $142.83 million versus the consensus estimate of $127.82 million.

• 130% increase of operating income y-o-y
• Full-year common stock dividend totals $0.50 per share
• New acquisitions to add a minimum of $200 million in TCE revenues
• High utilization levels despite global pandemic
• TEN’s crew health and safety remains a priority

For earnings history and earnings-related data on TEN Ltd (TNP) click here.

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