Scorpio Bulkers (SALT) Misses Q3 EPS by 1c

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Scorpio Bulkers Inc. Announces Financial Results for the Third Quarter of 2016

October 31, 2016 5:49 AM EDT

MONACO -- (Marketwired) -- 10/31/16 -- Scorpio Bulkers Inc. (NYSE: SALT) ("Scorpio Bulkers," or the "Company") today reported its results for the three and nine months ended September 30, 2016.

Results for the three and nine months ended September 30, 2016 and 2015

For the three months ended September 30, 2016, the Company's GAAP net loss was $21.3 million, or $0.30 loss per diluted share. For the same period in 2015 the Company's GAAP net loss was $18.1 million, or $0.66 loss per diluted share.

There were no non-GAAP adjustments to earnings in the three months ended September 30, 2016.

For the... More