Global Ship Lease (GSL) Reports Q3 Loss of $0.49/Share
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Global Ship Lease Reports Results for the Third Quarter of 2016
October 27, 2016 8:30 AM EDTLONDON, Oct. 27, 2016 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the Company), a containership charter owner, announced today its unaudited results for the three months and nine months ended September 30, 2016.
Third Quarter and Year To Date Highlights
Reported revenue of $41.2 million for the third quarter 2016. Revenue for the nine months ended September 30, 2016 was $125.1 millionReported net loss(1) of $23.7 million for the third quarter 2016, after a $29.4 million non-cash impairment charge in respect to two vessels. For the nine months ended September 30, 2016, net loss was $13.1 million after the impairment chargeExcluding... More