International Seaways Q1 Adjusted Net Income, TCE Revenue Fall-February 2024-www.financetom.com

International Seaways Q1 Adjusted Net Income, TCE Revenue Fall

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International Seaways Q1 Adjusted Net Income, TCE Revenue Fall

May 26, 2025 4:10 AM

09:28 AM EDT, 05/08/2025 (MT Newswires) -- International Seaways ( INSW ) reported Q1 adjusted net income Thursday of $0.80 per diluted share, down from $2.92 a year earlier.

Analysts polled by FactSet expected $0.65.

Time charter equivalent revenue for the quarter ended March 31 was $178.3 million, down from $270.9 million a year earlier.

Analysts surveyed by FactSet expected $176.3 million.

The company's shares were up more than 2% in recent premarket activity.

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