Golden Ocean Group's Q1 Swings to Adjusted Loss, Revenue Falls-March 2024-www.financetom.com

Golden Ocean Group's Q1 Swings to Adjusted Loss, Revenue Falls

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Golden Ocean Group's Q1 Swings to Adjusted Loss, Revenue Falls

May 26, 2025 11:25 AM

04:03 AM EDT, 05/21/2025 (MT Newswires) -- Golden Ocean Group ( GOGL ) reported a Q1 adjusted loss Wednesday of $0.19 per diluted share, swinging from earnings of $0.29 a year earlier.

Analysts polled by FactSet expected a loss of $0.17.

Total operating revenue for the quarter ended March 31 was $141.9 million, compared with $246.7 million a year earlier.

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