Diana Shipping (DSX) Misses Q3 EPS by 4c

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Diana Shipping Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2015

November 12, 2015 8:10 AM EST

ATHENS, Greece, Nov. 12, 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 $17.4 million and net loss attributed to common stockholders of $18.8 million for the third quarter of 2015, compared to net income of $7.7 million and net income attributed to common stockholders of $6.3 million reported in the third quarter of 2014.

Time charter revenues were $38.9 million for the third quarter of 2015, compared to $45.1 million for the same quarter of 2014. The decrease... More