Pyxis Tankers Inc. (PXS) Misses Q1 EPS by 7c

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Pyxis Tankers Announces Financial Results for the Three Months Ended March 31, 2022

May 16, 2022 8:00 AM EDT

Maroussi, Greece, May 16, 2022 Pyxis Tankers Inc. (NASDAQ Cap Mkts: PXS) (the Company or Pyxis Tankers), an international pure play product tanker company, today announced unaudited results for the three months ended March 31, 2022.

Summary

For the three months ended March 31, 2022, our Revenues, net were $6.9 million, while our time charter equivalent (TCE) revenues were $3.8 million, a decrease of $0.4 million, or 10.1%, compared to the same period in 2021. Net loss attributable to common shareholders for the three months ended March 31, 2022 was $3.7 million, or a loss per share (basic and... More