Diana Shipping (DSX) Misses Q4 EPS by 7c, Revenues Beat

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Go back to Diana Shipping (DSX) Misses Q4 EPS by 7c, Revenues Beat

Diana Shipping Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2018

February 26, 2019 7:15 AM EST

ATHENS, Greece, Feb. 26, 2019 (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 $2.9 million and net income attributed to common stockholders of $1.5 million for the fourth quarter of 2018, compared to a net loss of $436.9 million and a net loss attributed to common stockholders of $438.4 million, including a $422.5 million impairment loss, reported in the fourth quarter of 2017.

Time charter revenues were $62.9 million for the fourth quarter of 2018, compared to $48.9 million for... More