International Seaways (INSW) Tops Q2 EPS by 12c

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Go back to International Seaways (INSW) Tops Q2 EPS by 12c

International Seaways Reports Second Quarter 2022 Results

August 9, 2022 6:45 AM EDT

NEW YORK--(BUSINESS WIRE)-- International Seaways, Inc. (NYSE: INSW) (the Company or INSW), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today reported results for the second quarter of 2022.

HIGHLIGHTS & RECENT DEVELOPMENTS

Net income for the second quarter was $69.0 million, or $1.38 per diluted share, compared to a net loss of $18.8 million, or $0.67 per diluted share, in the second quarter of 2021. Net income for the second quarter of 2022 excluding one-time items (described below) was $71.5 million, or $1.43 per diluted share. Adjusted... More