DryShips (DRYS) Reports Q4 EPS of $0.11

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DryShips Inc. Reports Financial and Operating Results for the Fourth Quarter of 2017

February 27, 2018 4:05 PM EST

ATHENS, Greece, Feb. 27, 2018 (GLOBE NEWSWIRE) -- DryShips Inc. (NASDAQ: DRYS) (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, 2017.

Fourth Quarter 2017 Financial Highlights

For the fourth quarter of 2017, the Company reported a net income of $11.5 million, or $0.11 basic and diluted earnings per share. Included in the fourth quarter of 2017 results are the following: Net income associated with mark-to-market accounting of the Companys 49.0% ownership in Heidmar... More