Nordic American: 2Q Earnings Snapshot

September 4, 2019 GMT

HAMILTON, Bermuda (AP) _ Nordic American Offshore Ltd. (PSV) on Wednesday reported a loss of $4 million in its second quarter.

On a per-share basis, the Hamilton, Bermuda-based company said it had a loss of 22 cents. Losses, adjusted for non-recurring costs, came to 20 cents per share.

The supplier for offshore platforms posted revenue of $12.7 million in the period.

The company’s shares closed at $1.50. A year ago, they were trading at $9.50.


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