Teekay Tankers Ltd (TNK) Tops Q2 EPS by 1c
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August 4, 2016 1:28 AM EDT
HAMILTON, BERMUDA -- (Marketwired) -- 08/04/16 --
Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE: TNK) today reported the Company's results for the quarter ended June 30, 2016:
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Three Months Ended
(in thousands of U.S. dollars, except June 30, March 31, June 30,
share and per share data) 2016 2016 2015
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GAAP FINANCIAL COMPARISON
Total revenues 139,621 164,950 111,283
Net income 22,486 38,980 45,150
Net income per share 0.14 0.25 0.38
Weighted average number of common
shares - basic 156,208,917 156,083,657 116,150,985
NON-GAAP FINANCIAL COMPARISON
Adjusted net income (1) 31,600 45,958 41,253
Adjusted net income per share (1) 0.20 0.29 0.35
Free cash flow (1) 59,600 66,218 57,897
(1) These are non-GAAP financial measures. Please refer to "Definitions and
Non-GAAP Financial Measures" and...
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August 4, 2016 12:32 AM EDT
HAMILTON, BERMUDA -- (Marketwired) -- 08/04/16 --
Teekay Tankers Ltd. (Teekay Tankers) (NYSE: TNK) today announced that its Board of Directors has declared a cash dividend of $0.06 per share for the quarter ended June 30, 2016. The cash dividend is payable on August 19, 2016 to all shareholders of record as at... More
