— Diana Shipping Inc. (NYSE: DSX) reported its third-quarter 2019 breakeven per share versus $0.02 per share expected.
— Time charter revenues fell by 13% to $53.53 million versus $51.78 million expected. This was due to the sale of two vessels in December 2018 and decreased average time charter rates that it achieved for its vessels.
— The average number of vessels decreased to 43.8 from 50 in the prior-year quarter. However, the weighted average age of vessels rose to 9.4 from 9.1 a year ago.
— Fleet utilization for the third quarter declined to 99.4% from 99.5% in the previous year quarter.
— Time charter equivalent rate decreased to $12,682 from $12,975 a year earlier. However, the daily vessel operating expenses rose to $5,458 from $4,958 a year ago.
— Long-term debt as of September 30, 2019, was $485.53 million while cash and cash equivalents stood at $127.27 million.
Most Popular
Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO
Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
