Ardmore Shipping (ASC) Misses Q3 EPS by 3c, Revenues Beat

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Go back to Ardmore Shipping (ASC) Misses Q3 EPS by 3c, Revenues Beat

Ardmore Shipping Corporation Announces Financial Results For The Three And Nine Months Ended September 30, 2018

November 7, 2018 8:30 AM EST

HAMILTON, Bermuda, Nov. 7, 2018 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company" or "we") today announced results for the three and nine months ended September 30, 2018.

Highlights and Recent Activity

Reported a net loss of $12.2 million for the three months ended September 30, 2018, or $0.37 basic and diluted loss per share, as compared to a net loss of $4.6 million, or $0.14 basic and diluted loss per share, for the three months ended September 30, 2017. The Company reported EBITDA (see Non-GAAP Measures section below) of $3.9 million for the three months ended... More