Diana Shipping (DSX) Tops Q1 EPS by 3c

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Diana Shipping Inc. Reports Financial Results for the First Quarter Ended March 31, 2017

May 23, 2017 8:22 AM EDT

ATHENS, Greece, May 23, 2017 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the Company), a global shipping company specializing in the ownership of dry bulk vessels, today reported a net loss of $26.5 million and net loss attributed to common stockholders of $27.9 million for the first quarter of 2017, compared to a net loss of $31.4 million and net loss attributed to common stockholders of $32.8 million reported in the first quarter of 2016.

Time charter revenues were $31.3 million for the first quarter of 2017, compared to $30.8 million for the same period of 2016. The increase... More