DryShips (DRYS) Reports Flat Q1 EPS

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DryShips Inc. Reports Financial and Operating Results for the First Quarter 2015

May 11, 2015 4:02 PM EDT

ATHENS, GREECE -- (Marketwired) -- 05/11/15 -- DryShips Inc. (NASDAQ: DRYS), or DryShips or the Company, an international provider of marine transportation services for drybulk and petroleum cargoes, and through its majority owned subsidiary, Ocean Rig UDW Inc., or Ocean Rig, of offshore deepwater drilling services, today announced its unaudited financial and operating results for the first quarter ended March 31, 2015.

First Quarter 2015 Financial Highlights

For the first quarter of 2015, the Company reported a net loss of $59.2 million, or 8.9 cents basic and diluted loss per share. Included in the first... More