Golden Ocean Group: 2Q Earnings Snapshot
HAMILTON, Bermuda (AP) _ Golden Ocean Group Ltd. (GOGL) on Thursday reported a second-quarter loss of $33.1 million, after reporting a profit in the same period a year earlier.
The Hamilton, Bermuda-based company said it had a loss of 23 cents per share. Losses, adjusted for non-recurring costs, were 14 cents per share.
The shipping company posted revenue of $115.8 million in the period.
Golden Ocean Group shares have dropped 12% since the beginning of the year. The stock has declined 37% in the last 12 months.