Diana Shipping (DSX) Misses Q1 EPS by 1c

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Diana Shipping Inc. Reports Financial Results for the First Quarter Ended March 31, 2015

May 13, 2015 8:05 AM EDT

ATHENS, Greece, May 13, 2015 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the "Company"), a global shipping company specializing in the ownership of dry bulk vessels, today reported a net loss of $10.8 million and net loss attributed to common stockholders of $12.2 million for the first quarter of 2015, compared to net loss of $6.0 million and net loss attributed to common stockholders of $6.8 million reported in the first quarter of 2014.

Time charter revenues were $42.0 million for the first quarter of 2015, compared to $41.1 million for the same period of 2014. The increase in time charter revenues... More