Performance Shipping Inc. Reports Solid Financial Results for the First Quarter Ended March 31, 2024

May 30, 2024

https://www.globenewswire.com/news-release/2024/05/30/2890862/14069/en/Performance-Shipping-Inc-Reports-Solid-Financial-Results-for-the-First-Quarter-Ended-March-31-2024.html

ATHENS, Greece, May 30, 2024 (GLOBE NEWSWIRE) — Performance Shipping Inc. (NASDAQ:PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today reported net income of $11.4 million and net income attributable to common stockholders of $11.0 million for the first quarter of 2024. The 2024 first quarter results compared to a net income of $15.7 million and net income attributable to common stockholders of $4.6 million for the same period in 2023. Earnings per share, basic and diluted, for the first quarter of 2024 were $0.89 and $0.29, respectively.

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