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​Dryships Inc. 2nd Qtr. Results 2013

By: | at 04:33 PM | Liner Shipping  

DryShips or the Company, an international provider of marine transportation services for drybulk and petroleum cargoes, and through its majority owned subsidiary, Ocean Rig UDW Inc., or Ocean Rig, of offshore deepwater drilling services, today announced its unaudited financial and operating results for the second quarter ended June 30, 2013.

Second Quarter 2013 Financial Highlights

For the second quarter of 2013, the Company reported a net loss of $18.2 million, or $0.05 basic and diluted loss per share.

The Company reported Adjusted EBITDA of $112.3 million for the second quarter of 2013, as compared to $140.2 million for the second quarter of 2012.