Scorpio Bulkers (SALT) Misses Q1 EPS by 5c

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Scorpio Bulkers Inc. Announces Financial Results for the First Quarter of 2018 and Declares a Quarterly Dividend

April 23, 2018 6:30 AM EDT

MONACO, April 23, 2018 (GLOBE NEWSWIRE) -- Scorpio Bulkers Inc. (NYSE: SALT) (Scorpio Bulkers, or the Company), today reported its results for the three months ended March 31, 2018.

The Company also announced today that its Board of Directors has declared a quarterly cash dividend of $0.02 per share on the Companys common stock.

Results for the Three Months Ended March 31, 2018 and 2017

For the first quarter of 2018, the Companys GAAP net loss was $5.8 million, or $0.08 loss per diluted share.  For the same period in 2017, the Companys... More