Diana Shipping Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 62.06 million compared to USD 73.81 million a year ago. Net income was USD 7.39 million compared to USD 31.73 million a year ago. Basic earnings per share from continuing operations was USD 0.06 compared to USD 0.39 a year ago. Diluted earnings per share from continuing operations was USD 0.06 compared to USD 0.37 a year ago.
For the nine months, sales was USD 202.08 million compared to USD 214.27 million a year ago. Net income was USD 40.46 million compared to USD 93.38 million a year ago. Basic earnings per share from continuing operations was USD 0.36 compared to USD 1.15 a year ago. Diluted earnings per share from continuing operations was USD 0.36 compared to USD 1.1 a year ago.