Ardmore Shipping Registers 26% Revenue Growth In Q4
Ardmore Shipping Corp (NYSE:ASC) reported fourth-quarter revenue growth of 25.7% year-over-year to $52.46 million. Adjusted EPS loss improved to $(0.25) from $(0.39) in 4Q20, missing consensus of $(0.24). Ardmore Shipping cash used in operating activities was $2.88 million, compared to cash generated of $46.09 million a year ago. Adjusted EBITDA was $5.45…
Benzinga ·