Scorpio Bulkers (SALT) Misses Q4 EPS by 24c, Revenues Miss

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Go back to Scorpio Bulkers (SALT) Misses Q4 EPS by 24c, Revenues Miss

Scorpio Bulkers Inc. Announces Financial Results for the Fourth Quarter of 2018, Declares a Quarterly Dividend and Increases Share Repurchase Authorization

January 28, 2019 8:01 AM EST

MONACO, Jan. 28, 2019 (GLOBE NEWSWIRE) -- Scorpio Bulkers Inc. (NYSE: SALT) (Scorpio Bulkers, or the Company), today reported its results for the three months and year ended December 31, 2018.

The Company also announced that on January 25, 2019, its Board of Directors declared a quarterly cash dividend of $0.02 per share on the Companys common shares.

Results for the Three and Twelve Months Ended December 31, 2018 and 2017

For the fourth quarter of 2018, the Companys GAAP net loss was $7.4 million, or $0.11 loss per diluted share. These results include a... More