NAT Q3 2018 Earnings — Nordic American Tankers Limited Revenue & Financial Results | Market Cap Arena

NATNordic American Tankers Limited

$1B

Q3 2018 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$23M-40.7% YoY

Gross Profit

-$10M-41.0% margin

Operating Income

-$14M-59.1% margin

Net Income

-$38M-163.8% margin

EPS (Diluted)

$-0.27

QoQ Revenue Growth

-14.1%

Cash Flow

Operating Cash Flow

-$13M

Free Cash Flow

-$14M

Stock-Based Comp.

$311,000

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$456M

Stockholders' Equity

$614M

Cash & Equivalents

$46M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$23M	$39M	-40.7%
Gross Profit	-$10M	-$8M	-19.8%
Operating Income	-$14M	-$10M	-33.1%
Net Income	-$38M	-$16M	-138.9%