ATHENS, GREECE--(Marketwired - Dec 7, 2015) - DryShips Inc. $(DRYS)$, or DryShips or the Company, an international owner of drybulk carriers and offshore support vessels, today announced its unaudited financial and operating results for the third quarter ended September 30, 2015.
Third Quarter 2015 Financial Highlights
For the third quarter of 2015, the Company reported a net loss of $820.0 million, or $1.23 basic and diluted loss per share.
Included in the third quarter 2015 results are impairment charges and loss on sales on the entire drybulk fleet, of $797.5 million, or $1.20 per share.
Excluding these impairment charges and losses, the Company's net results would have amounted to a net loss of $22.5 million, or $0.03 per share.(1)
The Company reported Adjusted EBITDA of $30.1 million for the third quarter of 2015.(2)
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