Diana Shipping (DSX) Misses Q1 EPS by 6c

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Go back to Diana Shipping (DSX) Misses Q1 EPS by 6c

Diana Shipping Inc. Reports Financial Results for the First Quarter Ended March 31, 2016

May 18, 2016 7:50 AM EDT

ATHENS, Greece, May 18, 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 $31.4 million and net loss attributed to common stockholders of $32.8 million for the first quarter of 2016, compared to a net loss of $10.8 million and net loss attributed to common stockholders of $12.2 million reported in the first quarter of 2015.

Time charter revenues were $30.8 million for the first quarter of 2016, compared to $42.0 million for the same period of 2015. The decrease in... More