DryShips (DRYS) Reports Q3 Loss of $0.03/Share

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

December 7, 2015 4:05 PM EST

ATHENS, GREECE -- (Marketwired) -- 12/07/15 -- DryShips Inc. (NASDAQ: DRYS), or DryShips or the Company, an international owner of drybulk carriers and offshore support vessels, today announced its unaudited financial and operating results for the third quarter ended September 30, 2015.

Third Quarter 2015 Financial Highlights

For the third quarter of 2015, the Company reported a net loss of $820.0 million, or $1.23 basic and diluted loss per share. Included in the third quarter 2015 results are impairment charges and loss on sales on the entire drybulk fleet, of $797.5 million, or $1.20 per share. Excluding... More