Performance Shipping

Equities

PSHG

MHY673051543

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
2.04 ^USD	+0.25%		+3.03%	-10.13%

Mar. 12	Performance Shipping Inc. Secures Five-Year Time Charter Contracts with Clearlake for Three Newbuilding Vessels At USD 31,000 Per Vessel Per Day	CI
Mar. 08	Tranche Update on Performance Shipping Inc.'s Equity Buyback Plan announced on August 21, 2023.	CI

Performance Shipping Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023

March 06, 2024

Performance Shipping Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 23.84 million compared to USD 27.77 million a year ago. Net income was USD 24.96 million compared to USD 23.84 million a year ago.

Basic earnings per share from continuing operations was USD 2.03 compared to USD 2.31 a year ago. Diluted earnings per share from continuing operations was USD 0.63 compared to USD 1.18 a year ago.

Latest news about Performance Shipping

Performance Shipping Inc. Secures Five-Year Time Charter Contracts with Clearlake for Three Newbuilding Vessels At USD 31,000 Per Vessel Per Day	Mar. 12	CI
Tranche Update on Performance Shipping Inc.'s Equity Buyback Plan announced on August 21, 2023.	Mar. 08	CI
Earnings Flash (PSHG) PERFORMANCE SHIPPING Reports Q4 Revenue $23.8M	Mar. 07	MT
Performance Shipping Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Mar. 06	CI
Performance Shipping Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 06	CI
Performance Shipping Inc. Secures Two Year Time Charter Contract with Oil Major At USD 37,200 Per Day	Dec. 21	CI
Performance Shipping Inc. Announces Full Prepayment of Piraeus Bank S.A. Loans	Dec. 18	CI
Earnings Flash (PSHG) PERFORMANCE SHIPPING Posts Q3 Revenue $24.1M	Nov. 27	MT
Performance Shipping Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 26	CI
Performance Shipping Stocks Rise After Shareholder Sphinx Investment Launches Tender Offer	23-10-11	MT
Sphinx Investment Corp. made a tender offer to acquire Performance Shipping Inc. for $32.9 million.	23-10-10	CI
George Economou Issues a Letter to the Board of Performance Shipping	23-09-05	CI
George Economou Delivers a Letter to the Board of Performance Shipping	23-08-31	CI
Performance Shipping Inc.'s Equity Buyback announced on April 4, 2023, has closed with 2,222,936 shares, representing 29.48% for $2 million.	23-08-20	CI
Performance Shipping Inc. announces an Equity Buyback for $2 million worth of its shares.	23-08-20	CI
Performance Shipping Inc. authorizes a Buyback Plan.	23-08-20	CI
Tranche Update on Performance Shipping Inc.'s Equity Buyback Plan announced on April 4, 2023.	23-08-20	CI
Performance Shipping Regains Compliance With Nasdaq's Minimum Bid Price Rule	23-08-16	MT
Performance Shipping Inc. Announces Entry into New Revolving Credit Facility with Nordea Bank At Favorable Terms Resulting in No Debt Maturities Prior to Mid-2027	23-08-07	CI
Performance Shipping Signs Revolving Credit Facility of Up to $20 Million	23-08-07	MT
Tranche Update on Performance Shipping Inc.'s Equity Buyback Plan announced on April 4, 2023.	23-07-27	CI
Performance Shipping Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-07-27	CI
Earnings Flash (PSHG) PERFORMANCE SHIPPING Reports Q2 Revenue $31.5M	23-07-27	MT
Performance Shipping Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-06-23	CI
Earnings Flash (PSHG) PERFORMANCE SHIPPING Posts Q1 Revenue $29.5M	23-06-21	MT

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Company Profile

Performance Shipping Inc is a Greece-based global provider of shipping transportation services. It owns containerships and focuses on providing sourcing opportunities for vessel purchases and sales, newbuilding acquisitions, chartering and financing arrangements. The Company's vessels are employed primarily on charters with liner companies carrying containerized cargo along worldwide shipping routes. As of February 18, 2020, the Company owns and operates one Panamax container vessel and three Aframax tanker vessels. The Company's fleet is managed by Unitized Ocean Transport Limited, a wholly owned subsidiary. The Company's customers include national, regional and international companies.

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