Scorpio Bulkers (SALT) Misses Q4 EPS by 2c

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

February 6, 2017 7:51 AM EST

MONACO -- (Marketwired) -- 02/06/17 -- Scorpio Bulkers Inc. (NYSE: SALT) ("Scorpio Bulkers," or the "Company") today reported its results for the three months and year ended December 31, 2016.

Results for the Three Months Ended December 31, 2016 and 2015

For the three months ended December 31, 2016, the Company's GAAP net loss was $20.6 million, or $0.29 loss per diluted share. For the same period in 2015 the Company's GAAP net loss was $302.0 million, or $11.02 loss per diluted share.

There were no non-GAAP adjustments to earnings in the three months ended December 31, 2016.

For the three... More