Pyxis Tankers Inc. (PXS) Reports Q4 EPS of $0.03

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Pyxis Tankers Inc. Announces Financial Results for the Three Months and Twelve Months Ended December 31, 2015

March 2, 2016 4:23 PM EST

MAROUSSI, Greece, March 2, 2016 (GLOBE NEWSWIRE) -- Pyxis Tankers Inc. (NASDAQ: PXS), an emerging growth pure play product tanker company, today announced results for the three and twelve months ended December 31, 2015.

Highlights:

Achieved voyage revenues of $33.2 million for the twelve months ended December 31, 2015, which resulted in net income of $3.5 million, Adjusted EBITDA of $12.1 million (see "Non-GAAP Measures and Definitions" below) and fully diluted earnings per share of $0.19.   The Pyxis Epsilon, a 50,295 dwt eco-designed IMO2/3 product tanker, was delivered to us in January, 2015 from SPP Shipbuilding, Korea.   Our common... More