Ardmore Shipping (ASC) Misses Q2 EPS by 1c, Beats on Revenues

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Go back to Ardmore Shipping (ASC) Misses Q2 EPS by 1c, Beats on Revenues

Ardmore Shipping Corporation Announces Financial Results For The Three And Six Months Ended June 30, 2018

July 31, 2018 8:31 AM EDT

HAMILTON, Bermuda, July 31, 2018 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company" or "we") today announced results for the three and six months ended June 30, 2018.

Highlights and Recent Activity

Reported a net loss of $8.6 million for the three months ended June 30, 2018, or $0.26 basic and diluted loss per share, as compared to a net loss of $1.9 million, or $0.06 basic and diluted loss per share, for the three months ended June 30, 2017. The Company reported EBITDA (see Non-GAAP Measures section below) of $7.6 million for the three months... More