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Pyxis Tankers Inc. (PXS) Reports Q2 EPS of $0.02

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Pyxis Tankers Inc. Announces Financial Results for the Three and Six Months Ended June 30, 2016

August 16, 2016 4:09 PM EDT

MAROUSSI, Greece, Aug. 16, 2016 (GLOBE NEWSWIRE) -- Pyxis Tankers Inc. (NASDAQ Cap Mkts: PXS), an emerging growth pure play product tanker company, today announced unaudited results for the three and six months ended June 30, 2016.

Summary:

Reported time charter equivalent revenues of $7.0 million for the three months ended June 30, 2016, which resulted in net income of $0.4 million, or earnings per share (basic and diluted) of $0.02, and EBITDA of $2.6 million (see "Non-GAAP Measures and Definitions" below).

Valentios Valentis, our Chairman and CEO... More