Diana Shipping (DSX) Reports Q2 Revenues Beat

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Go back to Diana Shipping (DSX) Reports Q2 Revenues Beat

Diana Shipping Inc. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2018

July 26, 2018 7:45 AM EDT

ATHENS, Greece, July 26, 2018 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the Company), a global shipping company specializing in the ownership of dry bulk vessels, today reported net income of $2.0 million and net income attributed to common stockholders of $0.5 million for the second quarter of 2018, compared to a net loss of $23.8 million and a net loss attributed to common stockholders of $25.3 million reported in the second quarter of 2017.

Time charter revenues were $53.4 million for the second quarter of 2018, compared to $37.8 million for the same period of 2017. The increase... More