HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Ardmore Shipping Corp. (ASC) on Wednesday reported third-quarter net income of $12.8 million.
The Hamilton, Bermuda-based company said it had net income of 30 cents per share. Earnings, adjusted to extinguish debt, were 31 cents per share.
The shipping company posted revenue of $81.2 million in the period. Its adjusted revenue was $52.8 million.
Ardmore Shipping shares have climbed 1% since the beginning of the year. The stock has dropped 12% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ASC at https://www.zacks.com/ap/ASC
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