Nordic American: 1Q Earnings Snapshot
HAMILTON, Bermuda (AP) _ Nordic American Offshore Ltd. (NAO) on Thursday reported a loss of $7.2 million in its first quarter.
The Hamilton, Bermuda-based company said it had a loss of 98 cents per share.
The supplier for offshore platforms posted revenue of $4.6 million in the period.
The company’s shares closed at $3.75. A year ago, they were trading at $11.10.