Paragon Shipping (PRGN) Misses Q2 EPS by 1c
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Paragon Shipping Inc. Reports Second Quarter And Six Months Ended June 30, 2015 Results
September 1, 2015 4:01 PM EDTATHENS, Greece, Sept. 1, 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 second quarter and six months ended June 30, 2015.
Second Quarter 2015 Highlights & Recent Developments
Net revenue, net of voyage expenses, of $7.9 million in the second quarter of 2015. Reduced average daily adjusted total vessel operating expenses by 11.1% year-over-year. Adjusted EBITDA of negative $0.6 million in the second quarter of 2015. Adjusted net loss of... More