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0 0.104477611940298 0.082089552238806 0.082089552238806 0.0671641791044777 -0.0149253731343284 -0.000671641791044868 -0.0860447761194029
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Pyxis Tankers Inc. Announces Financial Results for the Three Months Ended March 31, 2018

Pyxis Tankers Inc. (PXS) 
Last pyxis tankers inc. earnings: 3/20 07:00 am Check Earnings Report
Company Research Source: GlobeNewswire
Pyxis Tankers Inc. Announces Financial Results for the Three Months Ended March 31, 2018 Maroussi, Greece, May 14, 2018 - Pyxis Tankers Inc. (NASDAQ Cap Mkts: PXS), (the "Company" or "Pyxis Tankers") an emerging growth pure play product tanker company, today announced unaudited results for the three months ended March 31, 2018. Summary For the three months ended March 31, 2018, our time charter equivalent revenues were $4.5 million, which resulted in net income of $0.6 million, or earnings per share (basic and diluted) of $0.03, and our Adjusted EBITDA (see "Non-GAAP Measures and Definitions" below) was $0.1 million.  On February 28, 2018, we refinanced existing indebtedness of $26.9 million for Secondone, Thirdone and Fourthone with a new 5-year secured term loan of $20.5 million and cash of $2.1 million. The remaining balance of approximately $4.3 million was written-off by the previous lender at closing, which was recorded as gain from debt extinguishment in the first Show less Read more
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