Pyxis Tankers Inc. (PXS) Misses Q4 EPS by 15c, Revenues Miss

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Go back to Pyxis Tankers Inc. (PXS) Misses Q4 EPS by 15c, Revenues Miss

Pyxis Tankers Inc. Announces Financial Results for the Three Months and Year Ended December 31, 2019

March 20, 2020 7:00 AM EDT

Maroussi, Greece, March 20, 2020 Pyxis Tankers Inc. (NASDAQ Cap Mkts: PXS), (the Company or Pyxis Tankers) a growth-oriented pure play product tanker company, today announced unaudited results for the three months and year ended December 31, 2019.

Summary

For the three months ended December 31, 2019, our Revenues, net were $7.3 million and our time charter equivalent revenues increased by $1.8 million, or 39.5%, to $6.2 million compared to the same period in 2018. For the quarter ended December 31, 2019, our net loss was $3.6 million, or a loss per share (basic and diluted) of $0.17,... More