International Seaways Reports Third Quarter 2018 Results
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Insweb Corp (INSW) Misses Q3 EPS by 29c, Revenues Beat
November 7, 2018 6:51 AM ESTInsweb Corp (NYSE: INSW) reported Q3 EPS of ($1.04), $0.29 worse than the analyst estimate of ($0.75). Revenue for the quarter came in at $60.94 million versus the consensus estimate of $55.93 million.
Net loss for the third quarter was $47.8 million, or $1.64 per share, compared to net loss of $21.8 million, or $0.75 per share, in the third quarter of 2017. Net loss this quarter reflects the impact of a loss on vessel sales, including held for sale impairment charges, of $17.4 million. Net loss excluding these items was $30.4 million, or $1.04 per share.Time charter equivalent (TCE)... More