Ardmore Shipping (ASC) Misses Q4 EPS by 1c

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Go back to Ardmore Shipping (ASC) Misses Q4 EPS by 1c

Ardmore Shipping Corporation Announces Financial Results For The Three and Twelve Months Ended December 31, 2021

February 15, 2022 8:00 AM EST

HAMILTON, Bermuda, Feb. 15, 2022 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three and twelve months ended December 31, 2021.

Highlights and Recent Activity

Reported a net loss of $8.6 million for the three months ended December 31, 2021, or $0.25 loss per basic and diluted share. This compares to a net loss of $19.5 million, or $0.59 loss per basic and diluted share, for the three months ended December 31, 2020. Reported Adjusted EBITDA, which includes unrealized losses on derivatives and amortization of drydock expenditure (see Non-GAAP Measures... More