Global Ship Lease (GSL) Reports Q2 EPS of $0.13

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Global Ship Lease Reports Results for the Second Quarter of 2016

July 28, 2016 8:31 AM EDT

LONDON, July 28, 2016 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL), a containership charter owner, announced today its unaudited results for the three months and six months ended June 30, 2016.

Second Quarter and Year To Date Highlights - Reported revenue of $41.3 million for the second quarter 2016. Revenue for the six months ended June 30, 2016 was $83.9 million

- Reported net income of $6.0 million for the second quarter 2016.  For the six months ended June 30, 2016, net income was $10.6 million

- Generated $28.8 million of Adjusted EBITDA(1) for the second quarter 2016.  Adjusted EBITDA for the six... More