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

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

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