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Performance Shipping Inc (DCIX.OQ)

DCIX.OQ on NASDAQ Stock Exchange Global Select Market

0.60USD
27 Mar 2020
Change (% chg)

$0.12 (+25.72%)
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Volume
280,650
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Latest Key Developments (Source: Significant Developments)

Performance Shipping Reports Results For Q1 Ended March 31, 2020
Monday, 18 May 2020 

May 18 (Reuters) - Performance Shipping Inc ::. REPORTS FINANCIAL RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2020.Q1 REVENUE $13.5 MILLION.Q1 EARNINGS PER SHARE $0.06.PERFORMANCE SHIPPING - VOYAGE & TIME CHARTER REVENUE WERE $13.5 MILLION FOR Q1 2020, COMPARED TO $5.5 MILLION.PERFORMANCE SHIPPING - COVID-19 IN ASIA OR IN OTHER GEOGRAPHIES IN WHICH CO'S VESSELS OPERATE, MAY SIGNIFICANTLY IMPACT DEMAND FOR CO'S VESSELS.PERFORMANCE SHIPPING - EXTENT TO WHICH COVID-19 WILL IMPACT CO'S RESULTS OF OPERATIONS, FINANCIAL CONDITION WILL DEPEND ON FUTURE DEVELOPMENTS.  Full Article

Performance Shipping Sees Q1 2020 Earnings Per Share $0.01 To $0.03
Monday, 4 May 2020 

May 4 (Reuters) - Performance Shipping Inc ::. ANNOUNCES FIRST QUARTER 2020 EARNINGS GUIDANCE.SEES Q1 2020 EARNINGS PER SHARE $0.01 TO $0.03.PERFORMANCE SHIPPING - AS OF MARCH 31, 2020 AND APRIL 30, 2020, CASH AND CASH EQUIVALENTS AMOUNTED TO $14.2 MILLION AND $27.5 MILLION, RESPECTIVELY.  Full Article

Performance Shipping Announces Results Of 2020 Annual Shareholder Meeting, Changes To Board
Saturday, 29 Feb 2020 

Feb 28 (Reuters) - Performance Shipping Inc ::PERFORMANCE SHIPPING INC. ANNOUNCES RESULTS OF 2020 ANNUAL MEETING OF SHAREHOLDERS AND CHANGES TO BOARD OF DIRECTORS AND EXECUTIVE OFFICERS.PERFORMANCE SHIPPING INC - ANASTASIOS MARGARONIS HAS RESIGNED FROM HIS POSITION AS COMPANY'S PRESIDENT.  Full Article

Performance Shipping Announces Agreement To Acquire An Aframax Tanker Vessel
Tuesday, 18 Feb 2020 

Feb 18 (Reuters) - Performance Shipping Inc ::PERFORMANCE SHIPPING INC. ANNOUNCES AGREEMENT TO ACQUIRE AN AFRAMAX TANKER VESSEL.PERFORMANCE SHIPPING INC - DEAL FOR US$26.0 MILLION.  Full Article

Performance Shipping Posts Qtrly Loss Per Share Of $0.56
Tuesday, 26 Nov 2019 

Nov 26 (Reuters) - Performance Shipping Inc ::. REPORTS FINANCIAL RESULTS FOR THE THIRD QUARTER AND NINE MONTHS ENDED SEPTEMBER 30, 2019.Q3 REVENUE $6.3 MILLION VERSUS $5.2 MILLION.QTRLY LOSS PER SHARE $0.56.  Full Article

Performance Shipping Inc. Announces Agreement To Acquire An Aframax Tanker And Us$11.0 Million Investment By Its Chairman
Wednesday, 20 Nov 2019 

Performance Shipping Inc ::PERFORMANCE SHIPPING INC. ANNOUNCES AGREEMENT TO ACQUIRE AN AFRAMAX TANKER AND US$11.0 MILLION INVESTMENT BY ITS CHAIRMAN.PERFORMANCE SHIPPING INC - TO PURCHASE ONE 2007 BUILT AFRAMAX TANKER VESSEL FROM AN UNAFFILIATED THIRD PARTY SELLER FOR $26.0 MILLION.PERFORMANCE SHIPPING - BALANCE OF PURCHASE PRICE PAYABLE UNDER CONTRACT IS EXPECTED TO BE FUNDED THROUGH CASH ON HAND AND/OR BANK FINANCING.PERFORMANCE SHIPPING - TRANSACTION WAS APPROVED BY A MAJORITY OF DISINTERESTED MEMBERS OF BOARD OF DIRECTORS OF CO.PERFORMANCE SHIPPING - US$11.0 MILLION PURCHASE PRICE OF ENTITY WILL BE PAID IN COMMON SHARES OF CO AT A PER SHARE PRICE OF US$0.9027.PERFORMANCE SHIPPING - AFRAMAX TANKER VESSEL IS EXPECTED TO BE DELIVERED AT LATEST BY JANUARY 31, 2020.  Full Article

Performance Shipping Appoints Deputy Chief Executive Officer
Thursday, 31 Oct 2019 

Oct 31 (Reuters) - Performance Shipping Inc ::PERFORMANCE SHIPPING INC. ANNOUNCES APPOINTMENT OF DEPUTY CHIEF EXECUTIVE OFFICER.PERFORMANCE SHIPPING INC - APPOINTED ANDREAS MICHALOPOULOS TO POSITION OF DEPUTY CHIEF EXECUTIVE OFFICER, EFFECTIVE IMMEDIATELY..PERFORMANCE SHIPPING INC - MICHALOPOULOS WILL EVENTUALLY SUCCEED SYMEON PALIOS AS CHIEF EXECUTIVE OFFICER.PERFORMANCE SHIPPING INC - PALIOS' ACTIVE ROLE AS CHIEF EXECUTIVE OFFICER AND CHAIRMAN OF COMPANY WILL BE UNCHANGED IN NEAR TERM..  Full Article

Performance Shipping Announces The Sale Of A Post-Panamax Container Vessel, The M/V Pucon
Friday, 27 Sep 2019 

Sept 27 (Reuters) - Performance Shipping Inc ::PRESS RELEASE - PERFORMANCE SHIPPING INC. ANNOUNCES THE SALE OF A POST-PANAMAX CONTAINER VESSEL, THE M/V PUCON.PERFORMANCE SHIPPING INC - DEAL FOR US$20.215 MILLION BEFORE COMMISSIONS..PERFORMANCE SHIPPING INC - EXPECTS TO TAKE DELIVERY OF ONE AFRAMAX TANKER VESSEL BY BEGINNING OF NOVEMBER 2019.  Full Article

Performance Shipping Announces Receipt Of Nasdaq Notice
Wednesday, 11 Sep 2019 

Sept 11 (Reuters) - Performance Shipping Inc ::PERFORMANCE SHIPPING INC. ANNOUNCES RECEIPT OF NASDAQ NOTICE.PERFORMANCE SHIPPING INC - INTENDS TO CURE DEFICIENCY WITHIN PRESCRIBED GRACE PERIOD.PERFORMANCE SHIPPING INC - BUSINESS OPERATIONS ARE NOT AFFECTED BY RECEIPT OF NOTIFICATION.  Full Article

Performance Shipping Inc Reports Financial Results For The First Quarter Ended March 31, 2019
Friday, 10 May 2019 

May 10 (Reuters) - Performance Shipping Inc ::. REPORTS FINANCIAL RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2019.Q1 REVENUE $5.5 MILLION VERSUS $8.0 MILLION.TIME CHARTER REVENUES WERE $5.5 MILLION FOR Q1 OF 2019, COMPARED TO $8.0 MILLION FOR SAME PERIOD OF 2018.QTRLY LOSS PER SHARE $0.01.  Full Article