UPDATE: International Seaways Inc. (INSW) Tops Q4 EPS by 18c, Revenues Beat
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International Seaways Reports Fourth Quarter and Full Year 2018 Results
March 12, 2019 6:45 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 fourth quarter and full year 2018.
Highlights
Net income for the fourth quarter was $7.0 million, or $0.24 per share, compared to net loss of $90.7 million, or $3.12 per share, in the fourth quarter of 2017. Net income for the quarter reflects the impact of a loss on vessel sales, including held for use impairment... More