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-0.00466026120476382 0.00109314769000634 -0.00178355675737868 0.00684655658477649 0.00684655658477649 0.00109314769000634 -0.00350957942580979 -0.010413670099534
Stock impact report

Performance Shipping Inc. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2025

Performance Shipping Inc. - Common Shares (PSHG) 
Company Research Source: GlobeNewswire
ATHENS, Greece, July 30, 2025 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today reported net income of $9.1 million and net income attributable to common stockholders of $8.6 million for the second quarter of 2025. These results are compared to a net income of $10.2 million and net income attributable to common stockholders of $9.7 million for the same period in 2024. Earnings per share, basic and diluted, for the second quarter of 2025 were $0.69 and $0.23, respectively. Revenue was $18.1 million ($17.6 million net of voyage expenses) for the second quarter of 2025, compared to $20.5 million ($19.7 million net of voyage expenses) for the same period in 2024. This decrease was attributable to the decrease in the ownership days following the sale of the vessel P. Yanbu in March 2025, despite the increase in time-charter equivalent rates (“TCE rates”) realized during t Show less Read more
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