Golden Ocean Group Limited (GOGL) Misses Q2 EPS by 3c, Revenues Beat

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GOGL – Q2 2020 Presentation

August 18, 2020 6:41 AM EDT

Please find enclosed the presentation of Golden Ocean Group Limiteds second quarter 2020 results for todays webcast / conferance call at 15:00 CET.

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

 

Attachment

Golden Ocean Q2 2020 Presentation

Source: Golden Ocean Group Limited... More

GOGL – Second Quarter 2020 Results

August 18, 2020 2:02 AM EDT

Golden Ocean Group Limited (NASDAQ: GOGL / OSE: GOGL) (the Company or Golden Ocean), a leading dry bulk shipping company, today announced its results for the quarter ended June 30, 2020.

Highlights

       Net loss of $41.3 million and loss per share of $0.29 for the second quarter of 2020 compared with net loss of $160.8 million and loss per share of $1.12 for the first quarter of 2020.

       Adjusted EBITDA1 of $4.2 million for the second quarter of 2020, compared with $12.3 million for the first quarter of 2020.

       Completed final eight of 23 planned... More