AP NEWS

Global Ship Lease: 3Q Earnings Snapshot

November 6, 2019 GMT

MAJURO, Marshall Islands (AP) _ Global Ship Lease Inc. (GSL) on Wednesday reported third-quarter profit of $10.7 million.

The Majuro, Marshall Islands-based company said it had net income of 43 cents per share.

The containership owner posted revenue of $65.9 million in the period.

Global Ship Lease shares have increased 48% since the beginning of the year. The stock has climbed nearly 7% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GSL at https://www.zacks.com/ap/GSL