Categories Earnings, Industrials

Pyxis Tankers (PXS): Q4 2019 Earnings Snapshot

— Pyxis Tankers (NASDAQ: PXS) reported Q4 2019 loss of $0.17 per share, vs. a loss of $0.02 expected.

— Revenues fell 2.9% to $7.3 million, vs. $7.5 million expected.

— Time charter equivalent revenues rose 39.5% to $6.2 million.

— Voyage-related costs and commissions dropped 65% to $1.1 million.

— Vessel operating expenses increased 2.8% to $3.3 million.  

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