Diana Shipping (DSX) Misses Q1 EPS by 2c, Revenues Beat

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Go back to Diana Shipping (DSX) Misses Q1 EPS by 2c, Revenues Beat

Diana Shipping Inc. Reports Financial Results for the First Quarter Ended March 31, 2019

May 9, 2019 8:39 AM EDT

ATHENS, Greece, May 09, 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 $3.0 million and net income attributed to common stockholders of $1.5 million for the first quarter of 2019, including a $4.8 million impairment loss. This compares to a net loss of $3.1 million and net loss attributed to common stockholders of $4.5 million reported in the first quarter of 2018.

Time charter revenues were $60.3 million for the first quarter of 2019, compared to $48.4 million for the same period... More