Tsakos Energy Navigation (TNP) Misses Q1 EPS by 28c, Revenues Beat

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TEN Ltd Reports Strong Profits for First Quarter 2020 and Announces Special Dividend

June 11, 2020 7:58 AM EDT

250% increase of Net Income before non-cash items

50% special dividend increase to 7.5 cents total

Efficient anti-Covid safety measures for onshore and at-sea personnel

Healthy fundamentals indicate to a strong market for remainder of 2020

ATHENS, Greece, June 11, 2020 (GLOBE NEWSWIRE) -- TEN, Ltd (TEN) (NYSE: TNP) (the Company) today reported results (unaudited) for the quarter ended March 31, 2020.

Q1 2020 Summary ResultsGross revenues for the first quarter of 2020 came at approximately $180 million, $32 million higher than in the... More