Diamond S Shipping Inc. (DSSI) Misses Q3 EPS by 3c, Revenue Beats

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Go back to Diamond S Shipping Inc. (DSSI) Misses Q3 EPS by 3c, Revenue Beats

Diamond S Shipping Inc. Reports Third Quarter 2020 Results

November 16, 2020 6:45 AM EST

GREENWICH, 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 third quarter of 2020.

Highlights for the Third Quarter and Recent Events

-- Reported net loss attributable to Diamond S of $9.7 million, or net loss of $0.24 basic and diluted earnings per share, and Adjusted EBITDA (see Non-GAAP Measures section below) of $27.1 million.

-- Net debt at September 30, 2020 was $611.1 million, implying a net debt to asset... More