Nordic American: 2Q Earnings Snapshot
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.