Diamond S Shipping Inc. (DSSI) Misses Q2 EPS by 13c, Revenues Beat
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Diamond S Shipping Inc. Reports Second Quarter 2020 Results
August 13, 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 second quarter of 2020.
Highlights for the Second Quarter and Recent Events
-- Net income attributable to Diamond S of $45.7 million, or $1.15 per basic share, and Adjusted EBITDA (see Non-GAAP Measures section below) of $84.1 million.
-- Repaid $73.6 million of debt in the quarter, $40.0 million on revolving credit facilities in addition to $33.6 million of scheduled repayments. Net... More
