Global Ship Lease (GSL) Reports In-Line Q1 EPS

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Go back to Global Ship Lease (GSL) Reports In-Line Q1 EPS

Global Ship Lease Reports Results for the First Quarter of 2022

May 9, 2022 8:00 AM EDT

LONDON, May 09, 2022 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the Company, Global Ship Lease or GSL), an owner of containerships, announced today its unaudited results for the three months ended March 31, 2022.

First Quarter 2022

- Reported operating revenue of $153.6 million for the first quarter 2022, 2.1 times revenue of $73.0 million for the prior year period.

- Reported net income available to common shareholders of $70.2 million for the first quarter of 2022, an increase of 1,571.4% or 16.7 times net income of $4.2 million for the prior year period.... More