Diana Shipping (DSX) Misses Q3 EPS by 1c, Revenues Beat

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Go back to Diana Shipping (DSX) Misses Q3 EPS by 1c, Revenues Beat

Diana Shipping Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2019

December 2, 2019 8:29 AM EST

ATHENS, Greece, Dec. 02, 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 $1.8 million and net income attributed to common stockholders of $0.3 million for the third quarter of 2019. This compares to net income of $14.8 million and net income attributed to common stockholders of $13.3 million reported in the third quarter of 2018.

Time charter revenues were $53.5 million for the third quarter of 2019, compared to $61.5 million for the same period of 2018. The decrease... More