Box Ships Inc. announced consolidated unaudited earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net revenues of $11,223,000 compared with $12,528,000 for the same period a year ago. Operating income was $28,000 compared with $1,803,000 for the same period a year ago. Net loss was $1,385,000 or $0.06 per basic and diluted share compared with net income of $675,000 or $0.01 per basic and diluted share for the same period a year ago. Adjusted EBITDA was $5,146,000 compared with $7,887,000 for the same period a year ago. Adjusted net income was $0,000 or $0.02 loss per basic and diluted share compared with $2,334,000 or $0.06 per basic and diluted share for the same period a year ago.

For the six months, the company reported net revenues of $22,472,000 compared with $26,718,000 for the same period a year ago. Operating income was $1,160,000 compared with $2,205,000 for the same period a year ago. Net loss was $1,669,000 or $0.09 per basic and diluted share compared with $844,000 or $0.07 per basic and diluted share for the same period a year ago. Adjusted EBITDA was $11,850,000 compared with $13,830,000 for the same period a year ago. Adjusted net income was $1,542,000 or $0.02 per basic and diluted share compared with $2,636,000 or $0.06 per basic and diluted share for the same period a year ago.