Ardmore Shipping (ASC) Tops Q4 EPS by 41c, Revenues Beat
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Ardmore Shipping Corporation Announces Financial Results For The Twelve And Three Months Ended December 31, 2020
February 10, 2021 8:00 AM ESTHAMILTON, 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