Pyxis Tankers Inc. (PXS) Reports In-Line Q2 EPS
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Pyxis Tankers Announces Financial Results for the Three and Six Months Ended June 30, 2020
August 10, 2020 4:05 PM EDTMaroussi, Greece, August 10, 2020 Pyxis Tankers Inc. (NASDAQ Cap Mkts: PXS), (the Company or Pyxis Tankers), a growth-oriented pure play product tanker company, today announced unaudited results for the three and six months ended June 30, 2020.
Summary
For the three months ended June 30, 2020, our Revenues, net were $5.5 million. For the same period, our time charter equivalent (TCE) revenues were $4.5 million, a decrease of approximately $1.0 million or 17.1% over the comparable period in 2019 primarily due to the reduction in fleet size as we sold our oldest MR in early 2020. However,... More
