Nordic American Tankers: Q4 Earnings Snapshot
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HAMILTON HM 11, Bermuda (AP) — Nordic American Tankers Ltd. (NAT) on Monday reported fourth-quarter net income of $36 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Hamilton Hm 11, Bermuda-based company said it had profit of 17 cents.
The tanker company posted revenue of $71.1 million in the period.
For the year, the company reported net income of $15.1 million, or 7 cents per share, swinging to a profit in the period. Revenue was reported as $168.8 million.
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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 NAT at https://www.zacks.com/ap/NAT