Scorpio Bulkers (SALT) Tops Q1 EPS by 1c

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Scorpio Bulkers Inc. Announces Financial Results for the First Quarter of 2017

April 20, 2017 7:29 AM EDT

MONACO, April 20, 2017 (GLOBE NEWSWIRE) -- Scorpio Bulkers Inc. (NYSE: SALT) (Scorpio Bulkers, or the Company) today reported its results for the three months ended March 31, 2017.

Results for the Three Months Ended March 31, 2017 and 2016

For the first quarter of 2017 the Companys GAAP net loss was $34.6 million, or $0.48 loss per diluted share.  For the same period in 2016 the Companys GAAP net loss was $58.3 million, or $1.96 loss per diluted share.

For the first quarter of 2017, the Companys adjusted net loss was $16.4... More