Insweb Corp (INSW) Tops Q1 EPS by 6c
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International Seaways Reports First Quarter 2017 Results
May 10, 2017 6:58 AM EDTNEW 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 in International Flag markets, today reported results for the first quarter 2017.
Highlights
Time charter equivalent (TCE) revenues(A) for the first quarter were $84.1 million, compared to $124.7 million in the first quarter of 2016. Net income for the first quarter was $18.1 million, or $0.62 per diluted share, compared to $59.9 million, or $2.05 per diluted share, in the first quarter of 2016.... More