NEW YORK (AP) — NEW YORK (AP) — Genco Shipping & Trading Ltd. (GNK) on Wednesday reported net income of $16.6 million in its second quarter.
The New York-based company said it had net income of 37 cents per share. Earnings, adjusted for non-recurring costs and asset impairment costs, were 65 cents per share.
The transporter of drybulk cargo posted revenue of $136.4 million in the period. Its adjusted revenue was $92.3 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GNK at https://www.zacks.com/ap/GNK