Diana Shipping (DSX) Misses Q1 EPS by 8c, Revenues Miss

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Go back to Diana Shipping (DSX) Misses Q1 EPS by 8c, Revenues Miss

Diana Shipping Inc. Reports Financial Results For the First Quarter Ended March 31, 2020

May 14, 2020 8:28 AM EDT

ATHENS, Greece, May 14, 2020 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the Company), a global shipping company specializing in the ownership of dry bulk vessels, today reported a net loss and net loss attributed to common stockholders of $102.8 million and $104.3 million for the first quarter of 2020, including a $93.1 million impairment loss. This compares to net income of $3.0 million and net income attributed to common stockholders of $1.5 million reported in the first quarter of 2019, including a $4.8 million impairment loss. Loss per share for the first quarter of 2020 was $1.21 compared to earnings per share... More