tiprankstipranks
TEN, Ltd. reports Q3 EPS 83c vs. $1.48 last year
The Fly

TEN, Ltd. reports Q3 EPS 83c vs. $1.48 last year

Reports Q3 revenue $187M vs. $223.7M last year. “We are pleased with the Company’s performance during the traditionally cyclical low of the year and have already begun to take advantage of the strong rates, both for long-term and spot business, currently in evidence as we enter the winter months, “Mr. George Saroglou, President and COO of TEN commented. “With sector fundamentals well in our favor and with interest for long-term contracts on the increase, we remain confident that TEN will continue to present a compelling proposition to those seeking a longer-term participation in the global energy trades through companies that have withstood the test of time,” Mr. Saroglou concluded.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on TNP:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles