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

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

November 5, 2019 8:30 AM EST

HAMILTON, Bermuda, Nov. 5, 2019 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three and nine months ended September 30, 2019.

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... More