Genco Shipping & Trading Limited Announces First Quarter Financial Results
Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (GNK)
Last genco shipping & trading limited ordinary shares new (marshall islands) earnings: 2/25 04:30 pm
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gencoshipping.com
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Source: GlobeNewswire
NEW YORK, May 08, 2019 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the transportation of major and minor bulk commodities globally, today reported its financial results for the three months ended March 31, 2019. The following financial review discusses the results for the three months ended March 31, 2019 and March 31, 2018. First Quarter 2019 and Year-to-Date Highlights Recorded a net loss of $7.8 million for the first quarter of 2019 Basic and diluted loss per share of $0.19Adjusted net loss of $8.4 million or adjusted basic and diluted loss per share of $0.20, excluding a $0.6 million gain on sale of vessels Net revenue (voyage revenues minus voyage expenses and charter hire expenses) totaled $48.0 million during Q1 2019Our average daily fleet-wide time charter equivalent, or TCE, for Q1 2019 was $9,230 which outperformed the relevant Baltic Exchange benchmark sub-indice
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GNK
Earnings
- 2/21/24 - Beat
GNK
Sec Filings
- 4/24/24 - Form DEFA14A
- 4/22/24 - Form DEFA14A
- 4/18/24 - Form DEFA14A
- GNK's page on the SEC website