Ardmore Shipping (ASC) Misses Q1 EPS by 8c

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Go back to Ardmore Shipping (ASC) Misses Q1 EPS by 8c

Ardmore Shipping Corporation Announces Financial Results For The Three Months Ended March 31, 2022

May 4, 2022 8:00 AM EDT

HAMILTON, Bermuda, May 4, 2022 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three months ended March 31, 2022.

Highlights and Recent Activity

Reported a net loss of $7.9 million for the three months ended March 31, 2022, or $0.23 loss per basic and diluted share, which includes $6.9 million in respect of the loss on the vessels held for sale as part of the sale and time charter-back transaction described below; adjusted for these costs (see Adjusted (loss) / earnings in the Non-GAAP... More