Ardmore Shipping (ASC) Tops Q2 EPS by 6c

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Go back to Ardmore Shipping (ASC) Tops Q2 EPS by 6c

Ardmore Shipping Corporation Announces Financial Results For The Three And Six Months Ended June 30, 2016

August 2, 2016 8:30 AM EDT

HAMILTON, Bermuda, Aug. 2, 2016 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company" or "we") today announced results for the three and six months ended June 30, 2016.

Highlights

Reported a net profit of $5.5 million for the three months ended June 30, 2016, or $0.20 basic and diluted earnings per share, as compared to $7.9 million, or $0.30 basic and diluted earnings per share, for the three months ended June 30, 2015. The Company reported EBITDA (see Non-GAAP Measures section below) of $17.3 million for the three months ended June 30, 2016, as compared to $16.8 million for... More