DryShips (DRYS) Reports Q4 Loss of $54.16/Share
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DryShips Inc. Reports Financial and Operating Results for the Fourth Quarter 2016
February 7, 2017 4:05 PM ESTATHENS, GREECE -- (Marketwired) -- 02/07/17 -- DryShips Inc. (NASDAQ: DRYS), or DryShips or the Company, a diversified owner of ocean going cargo vessels, today announced its unaudited financial and operating results for the quarter ended December 31, 2016.
Updated Key Information as of February 7, 2017:
Cash and cash equivalents about $243.0 million, (or $6.70 per share) Book value of Vessels, net about $95.3 million 3rd Party Loans about $16.5 million Sifnos Loan Facility balance about $142.9 million Sifnos Loan available liquidity about $57.1 million Number of Shares Outstanding 36,253,866George Economou,... More
