(RTTNews) - International Seaways (INSW) released a profit for its fourth quarter that Increases, from the same period last year
The company's earnings totaled $127.50 million, or $2.56 per share. This compares with $35.82 million, or $0.72 per share, last year.
Excluding items, International Seaways reported adjusted earnings of $121.95 million or $2.45 per share for the period.
The company's revenue for the period rose 37.6% to $267.88 million from $194.61 million last year.
International Seaways earnings at a glance (GAAP) :
-Earnings: $127.50 Mln. vs. $35.82 Mln. last year. -EPS: $2.56 vs. $0.72 last year. -Revenue: $267.88 Mln vs. $194.61 Mln last year.
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