Performance Shipping Inc. Reports Increase In Q1 Bottom Line

Performance Shipping Inc. (PSHG) reported earnings for its first quarter that increased from last year

The company's earnings came in at $28.97 million, or $0.76 per share. This compares with $10.97 million, or $0.29 per share, last year.

The company's revenue for the period fell 4.6% to $21.33 million from $22.37 million last year.

Performance Shipping Inc. earnings at a glance (GAAP) :

-Earnings: $28.97 Mln. vs. $10.97 Mln. last year.
-EPS: $0.76 vs. $0.29 last year.
-Revenue: $21.33 Mln vs. $22.37 Mln last year.

by RTTNews Staff Writer

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