Scorpio Bulkers (SALT) Tops Q1 EPS by 2c

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Scorpio Bulkers Inc. Announces Financial Results for the First Quarter of 2015

April 28, 2015 8:34 AM EDT

MONACO -- (Marketwired) -- 04/28/15 -- Scorpio Bulkers Inc. (NYSE: SALT) ("Scorpio Bulkers," or the "Company") today reported its results for the three months ended March 31, 2015 and 2014.

Results for the three months ended March 31, 2015

For the three months ended March 31, 2015, the Company's adjusted net loss was $16.8 million (see Non-GAAP Measures section below), or $0.10 basic and diluted loss per share, which excludes (i) a write down on assets held for sale of $31.8 million and (ii) the $3.5 million write off of a portion of the deferred financing costs of a credit... More