Ardmore Shipping (ASC) Misses Q4 EPS by 3c, Revenues Beat

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Ardmore Shipping Corporation Announces Financial Results For The Three And Twelve Months Ended December 31, 2019

February 11, 2020 8:30 AM EST

HAMILTON, Bermuda, Feb. 11, 2020 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three and twelve months ended December 31, 2019.

Highlights and Recent Activity

Reported net income of $1.9 million for the three months ended December 31, 2019, or $0.06 earnings per basic and diluted share, as compared to a net loss of $17.0 million, or $0.51 loss per basic and diluted share, for the three months ended December 31, 2018. Net income for the three months ended December 31, 2019 includes a write-off of $0.5 million of deferred finance... More