HAMILTON, Bermuda (AP) _ Ardmore Shipping Corp. (ASC) on Wednesday reported second-quarter net income of $29.7 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Hamilton, Bermuda-based company said it had net income of 81 cents.
The shipping company posted revenue of $107.1 million in the period. Its adjusted revenue was $65.9 million.
Ardmore Shipping shares have more than doubled since the beginning of the year. The stock has more than doubled 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 ASC at https://www.zacks.com/ap/ASC
