Ardmore Shipping (ASC) Tops Q1 EPS by 5c
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Ardmore Shipping Corporation Announces Financial Results For The Three Months Ended March 31, 2017
May 3, 2017 8:30 AM EDTHAMILTON, Bermuda, May 3, 2017 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company" or "we") today announced results for the three months ended March 31, 2017.
Highlights
Reported a net loss of $2.2 million for the three months ended March 31, 2017, or $0.06 basic and diluted loss per share, as compared to a net income of $6.7 million, or $0.26 basic and diluted earnings per share, for the three months ended March 31, 2016. The Company reported EBITDA (see Non-GAAP Measures section below) of $11.7 million for the three months ended March 31, 2017, as compared to $18.8 million... More