Ardmore Shipping Corporation Announces Financial Results For The Three And Six Months Ended June 30, 2019

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Go back to Ardmore Shipping Corporation Announces Financial Results For The Three And Six Months Ended June 30, 2019

Ardmore Shipping (ASC) Reports In-Line Q2 EPS, Revenues Beat

July 31, 2019 8:33 AM EDT

Ardmore Shipping (NYSE: ASC) reported Q2 EPS of ($0.10), in-line with the analyst estimate of ($0.10). Revenue for the quarter came in at $54.99 million versus the consensus estimate of $32.99 million.

Anthony Gurnee, the Company's Chief Executive Officer, commented:

"We are pleased with our performance in the second quarter during what was expected to be a softer period as compared to the prior period's winter market conditions. The second quarter reflected a typical seasonal decline marked by... More