Ardmore Shipping (ASC) Misses Q1 EPS by 8c

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