Diana Shipping (DSX) Tops Q3 EPS by 9c

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Go back to Diana Shipping (DSX) Tops Q3 EPS by 9c

Diana Shipping Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2018

November 26, 2018 7:40 AM EST

ATHENS, Greece, Nov. 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 $14.8 million and net income attributed to common stockholders of $13.3 million for the third quarter of 2018, compared to a net loss of $24.5 million and a net loss attributed to common stockholders of $25.9 million reported in the third quarter of 2017.

Time charter revenues were $61.5 million for the third quarter of 2018, compared to $43.9 million for the same period of 2017. The increase in time charter... More