Diana Shipping (DSX) Misses Q4 EPS by 7c

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Go back to Diana Shipping (DSX) Misses Q4 EPS by 7c

Diana Shipping Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2015

March 2, 2016 7:30 AM EST

ATHENS, Greece, March 02, 2016 (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 $22.5 million and net loss attributed to common stockholders of $23.9 million for the fourth quarter of 2015, compared to a net loss and net loss attributed to common stockholders of $6.2 million and $7.7 million, respectively, reported in the fourth quarter of 2014.

Time charter revenues were $38.3 million for the fourth quarter of 2015, compared to $46.1 million for the same quarter of 2014. The decrease in time... More