Pyxis Tankers Inc. (PXS) Reports In-Line Q3 EPS, Revenues Beat

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Go back to Pyxis Tankers Inc. (PXS) Reports In-Line Q3 EPS, Revenues Beat

Pyxis Tankers Inc. Announces Financial Results for the Three and Nine Months Ended September 30, 2019

November 14, 2019 6:30 AM EST

Maroussi, Greece, November 14, 2019 Pyxis Tankers Inc. (NASDAQ Cap Mkts: PXS), (the Company or Pyxis Tankers) an emerging growth pure play product tanker company, today announced unaudited results for the three and nine months ended September 30, 2019.

Summary

For the three months ended September 30, 2019, our Revenues, net were $7.3 million. For the same period our time charter equivalent revenues (see Non-GAAP Measures and Definitions section below) increased by approximately $3.6 million, or 140%, to $6.2 million compared to the same period in the prior year. For the three months ended... More