Diana Shipping (DSX) Tops Q1 EPS by 9c

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Diana Shipping Inc. Reports Financial Results for the First Quarter Ended March 31, 2018

May 10, 2018 6:55 AM EDT

ATHENS, Greece, May 10, 2018 (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 $3.1 million and net loss attributed to common stockholders of $4.5 million for the first quarter of 2018, compared to a net loss of $26.5 million and net loss attributed to common stockholders of $27.9 million reported in the first quarter of 2017.

Time charter revenues were $48.4 million for the first quarter of 2018, compared to $31.3 million for the same period of 2017. The increase... More