Ardmore Shipping (ASC) Misses Q2 EPS by 2c, Revenues Beat

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Ardmore Shipping Corporation Announces Financial Results For The Three And Six Months Ended June 30, 2020

July 28, 2020 8:19 AM EDT

HAMILTON, Bermuda, July 28, 2020 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three and six months ended June 30, 2020.

Highlights and Recent Activity

Reported net income of $13.6 million for the three months ended June 30, 2020, or $0.41 earnings per basic and diluted share, as compared to a net loss of $9.9 million, or $0.30 loss per basic and diluted share, for the three months ended June 30, 2019. Net loss for the three months ended June 30, 2019 includes the loss on sale of the Ardmore... More