INSW - International Seaways' Q3 Revenue Surge Highlights Tanker Industry's Resilience | Benzinga
International Seaways Inc (NYSE: INSW) reported a Q3 FY23 shipping revenue of $241.7 million, up from $236.8 million a year ago, beating the consensus of $217.1 million.
Consolidated TCE revenues rose to $236.0 million from $234.5 million a year ago.
Total operating expenses increased to $127.5 million from $108.4 million a year ago.
Adjusted EBITDA stood at $150.9 million, compared to $157.1 million a year ago.
Adjusted EPS of $2.04 beat the consensus of $1.68.
In Q3, INSW raised contracted revenues to $344 million ...