Scorpio Bulkers (SALT) Tops Q1 EPS by 19c, Revenues Miss

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Go back to Scorpio Bulkers (SALT) Tops Q1 EPS by 19c, Revenues Miss

Scorpio Bulkers Inc. Announces Financial Results for the First Quarter of 2019 and Declares a Quarterly Dividend

April 29, 2019 8:01 AM EDT

MONACO, April 29, 2019 (GLOBE NEWSWIRE) -- Scorpio Bulkers Inc. (NYSE: SALT) (Scorpio Bulkers, or the Company), today reported its results for the three months ended March 31, 2019.

The Company also announced that on April 26, 2019, its Board of Directors declared a quarterly cash dividend of $0.02 per share on the Companys common shares.

Results for the Three Months Ended March 31, 2019 and 2018

For the first quarter of 2019, the Companys GAAP net loss was $3.5 million, or $0.05 loss per diluted share, including:

an approximately $15.0 million non-cash gain... More