Ardmore Shipping Corporation Announces Financial Results For The Three And Nine Months Ended September 30, 2019

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/24/2026

1. RNG
2. DECK
3. WDC
4. BYD
5. SPOT
6. WCN
7. BMY
8. TSCO
9. BE
10. SPY

Go back to Ardmore Shipping Corporation Announces Financial Results For The Three And Nine Months Ended September 30, 2019

Ardmore Shipping (ASC) Tops Q3 EPS by 1c, Revenues Beat

November 5, 2019 8:32 AM EST

Ardmore Shipping (NYSE: ASC) reported Q3 EPS of ($0.17), $0.01 better than the analyst estimate of ($0.18). Revenue for the quarter came in at $52.1 million versus the consensus estimate of $29.53 million.

Highlights and Recent Activity

Reported a GAAP net loss (and net loss from continuing operations see Non-GAAP Measures Section) of $5.7 million for the three months ended September 30, 2019, or $0.17 loss per basic and diluted share, as compared to a GAAP net loss of $12.2 million, or $0.37 loss per basic and diluted share, for the three months ended September 30, 2018. The Company reported adjusted EBITDA (see Non-GAAP Measures section) of... More