Ardmore Shipping (ASC) Tops Q4 EPS by 41c, Revenues Beat

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Go back to Ardmore Shipping (ASC) Tops Q4 EPS by 41c, Revenues Beat

Ardmore Shipping Corporation Announces Financial Results For The Twelve And Three Months Ended December 31, 2020

February 10, 2021 8:00 AM EST

HAMILTON, Bermuda, Feb. 10, 2021 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the twelve months and three months ended December 31, 2020.

Highlights and Recent Activity

Reported a net loss of $6.0 million for the twelve months ended December 31, 2020 or $0.18 loss per basic and diluted share, which includes $6.5 million in respect of loss on the sale of the Ardmore Seamariner and unrealized losses on derivatives; earnings adjusted for these costs (see Adjusted earnings in the Non-GAAP Measures section) are $0.5... More