Ardmore Shipping (ASC) Tops Q1 EPS by 6c

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Go back to Ardmore Shipping (ASC) Tops Q1 EPS by 6c

Ardmore Shipping Corporation Announces Financial Results For The Three Months Ended March 31, 2020

May 5, 2020 7:30 AM EDT

HAMILTON, Bermuda, May 5, 2020 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three months ended March 31, 2020.

Highlights and Recent Activity

Reported net income of $6.5 million for the three months ended March 31, 2020, or $0.20 earnings per basic and diluted share, as compared to a net loss of $9.2 million, or $0.28 loss per basic and diluted share, for the three months ended March 31, 2019. Net loss for the three months ended March 31, 2019 includes the loss on sale of the Ardmore Seamaster of... More