Ardmore Shipping: Q1 Earnings Snapshot
By Ap News
Published - May 08, 2024, 08:18 AM ET
Last Updated - May 08, 2024, 08:18 AM EDT
HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Ardmore Shipping Corp. (ASC) on Wednesday reported first-quarter net income of $39.2 million.
On a per-share basis, the Hamilton, Bermuda-based company said it had profit of 92 cents.
The shipping company posted revenue of $106.3 million in the period. Its adjusted revenue was $75.8 million.
Ardmore Shipping shares have risen 25% since the beginning of the year. The stock has risen 30% in the last 12 months.
