Gener8 Maritime (GNRT) Misses Q4 EPS by 1c

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Gener8 Maritime, Inc. Announces Fourth Quarter and Full Year 2015 Financial Results

March 15, 2016 5:05 PM EDT

NEW YORK, March 15, 2016 /PRNewswire/ -- Gener8 Maritime, Inc. (NYSE: GNRT) ("Gener8 Maritime" or the "Company"), a leading U.S.-based provider of international seaborne crude oil transportation services, today announced its financial results for the three months and full year ended December 31, 2015.

Highlights

Recorded adjusted net income of $50.1 million, or $0.61 basic and diluted adjusted earnings per share for the fourth quarter and adjusted net income of $155.5 million or $2.48 basic and $2.46 diluted adjusted earnings per share for the full year... More