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

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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