Insweb Corp (INSW) Tops Q2 EPS by 13c, Revenues Beat

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International Seaways Reports Second Quarter 2018 Results

August 8, 2018 6:45 AM EDT

NEW YORK--(BUSINESS WIRE)-- International Seaways, Inc. (NYSE: INSW) (the Company or INSW), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products in International Flag markets, today reported results for the second quarter 2018.

Highlights

Net loss for the second quarter was $18.8 million, or $0.65 per share, compared to net loss of $11.6 million, or $0.40 per share, in the second quarter of 2017. The net loss for the second quarter of 2018 includes a $6.7 million gain from the sale of vessels, net of impairments... More