Global Ship Lease (GSL) Tops Q4 EPS by 5c

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Global Ship Lease Reports Results for the Fourth Quarter of 2015

March 1, 2016 8:31 AM EST

LONDON, March 01, 2016 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the Company), a containership charter owner, announced today its unaudited results for the three months and year ended December 31, 2015.

Fourth Quarter and Year Highlights - Reported revenue of $44.0 million for the fourth quarter 2015. Revenue for the year ended December 31, 2015 was $164.9 million

- Reported net income(1) of $6.2 million for the fourth quarter 2015.  For the year ended December 31, 2015, net loss was $31.9 million after a $44.7 million non-cash impairment charge booked in third quarter in respect of two vessels, both of... More