Ardmore Shipping Corporation Announces Financial Results For The Three Months Ended March 31, 2017

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Ardmore Shipping (ASC) Tops Q1 EPS by 5c

May 3, 2017 8:34 AM EDT

Ardmore Shipping (NYSE: ASC) reported Q1 EPS of ($0.06), $0.05 better than the analyst estimate of ($0.11). Revenue for the quarter came in at $49.67 million, versus $43.54 million reported last year.

Anthony Gurnee, the Company\'s Chief Executive Officer, commented:

"We are satisfied with our performance in the first quarter, as our fleet continued to perform well under soft charter market conditions. Following delivery of the last of the... More