Diamond S Shipping Inc. (DSSI) Tops Q1 EPS by 29c, Revenues Beat
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Diamond S Shipping Inc. Reports First Quarter 2020 Results
May 8, 2020 6:30 AM EDTGREENWICH, Conn.--(BUSINESS WIRE)-- Diamond S Shipping Inc. (NYSE: DSSI) (Diamond S, or the Company), one of the largest publicly listed owners and operators of crude oil and product tankers, today announced results for the first quarter of 2020.
Highlights for the First Quarter and Recent Events
-- Net income attributable to Diamond S of $45.0 million, or $1.13 per basic share, and Adjusted EBITDA (see Non-GAAP Measures section below) of $84.7 million.
-- Net debt at March 31, 2020 was $720.6 million implying a net debt to asset value leverage ratio of 43% based on broker... More
