Paragon Shipping (PRGN) Misses Q4 EPS by 7c
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Paragon Shipping Inc. Reports Fourth Quarter And Year Ended December 31, 2014 Results
March 31, 2015 4:05 PM EDTATHENS, Greece, March 31, 2015 /PRNewswire/ --Â Paragon Shipping Inc. (NASDAQ: PRGN) ("Paragon Shipping" or the "Company"), a global shipping transportation company specializing in drybulk cargoes, announced today its results for the fourth quarter and year ended December 31, 2014.
Fourth Quarter 2014 Highlights & Recent Developments
Took delivery of two eco-design Ultramax newbuildings, the M/V Gentle Seas and the M/V Peaceful Seas. Net revenue, net of voyage expenses, of $11.6 million in the fourth quarter of 2014. Reduced average daily adjusted total vessel operating expenses by 8.2% year-over-year.... More