Performance Shipping (PSHG) Reports Q1 Net Loss of $11.5M

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Performance Shipping Inc. Reports Financial Results for the First Quarter Ended March 31, 2022

June 29, 2022 9:28 AM EDT

ATHENS, Greece, June 29, 2022 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (the Company), a global shipping company specializing in the ownership of tanker vessels, today reported a net loss from continuing and discontinued operations of $2.1 million and net loss from continuing and discontinued operations attributable to common stockholders of $11.5 million for the first quarter of 2022, compared to a net loss from continuing and discontinued operations and net loss from continuing and discontinued operations attributable to common stockholders of $2.9 million for the same period in 2021. Net loss from continuing and discontinued operations attributable to... More