Scorpio Bulkers (SALT) Tops Q2 EPS by 2c

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

July 28, 2015 8:33 AM EDT

MONACO -- (Marketwired) -- 07/28/15 -- Scorpio Bulkers Inc. (NYSE: SALT) ("Scorpio Bulkers," or the "Company") today reported its results for the three and six months ended June 30, 2015 and 2014.

Results for the three and six months ended June 30, 2015 and 2014

For the three months ended June 30, 2015, the Company's adjusted net loss was $16.6 million (see Non-GAAP Measures section below), or $0.09 basic and diluted loss per share, which excludes (i) a write down on assets held for sale of $119.6 million and (ii) the $2.4 million write off of a portion of the deferred... More