DryShips (DRYS) Reports Q4 Loss Per Share of $0.14

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

March 8, 2016 5:30 PM EST

ATHENS, GREECE -- (Marketwired) -- 03/08/16 -- 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 quarter ended December 31, 2015.

Fourth Quarter 2015 Financial Highlights

For the fourth quarter of 2015, the Company reported a net loss of $527.6 million, or $0.79 basic and diluted loss per share. Included in the fourth quarter 2015 results are: Vessel impairment charges and non-cash losses, of $119.1 million, or $0.18 per share. Non-cash write down of our investment in... More