The dry-bulk shipper and deepwater drill-ship operator recently posted better-than-expected quarterly earnings.
DryShips reported earnings of 18 cents per share, or $49 million. Excluding one-time items the income number would have come in at $99 million, or 38 cents per share, easily besting the consensus Wall Street estimate of 25 cents per share.
Quarterly revenue inched higher by 1.4% to $225.2 million from a year ago, also beating expectations.
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