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home / news releases / GOGL - Golden Ocean GAAP EPS of $0.52 in-line revenue of $282.05M beats by $90.52M


GOGL - Golden Ocean GAAP EPS of $0.52 in-line revenue of $282.05M beats by $90.52M

  • Golden Ocean press release ( NASDAQ: GOGL ): Q3 GAAP EPS of $0.52 in-line.
  • Revenue of $282.05M (-27.2% Y/Y) beats by $90.52M .
  • Adjusted EBITDA of $118.2M for the third quarter of 2022, compared with $191.6M for the second quarter of 2022.
  • The Company achieved an average TCE rate for the fleet of $23,017 per day in the third quarter of 2022 compared to $29,431 per day in the second quarter of 2022.
  • In the third quarter of 2022, global dry bulk fleet utilization (calculated as total tonne-mile demand divided by total available fleet capacity) was 87.3%, a decrease from 91.5% in the prior quarter, according to Maritime Analytics.

For further details see:

Golden Ocean GAAP EPS of $0.52 in-line, revenue of $282.05M beats by $90.52M
Stock Information

Company Name: Golden Ocean Group Limited
Stock Symbol: GOGL
Market: NASDAQ
Website: goldenocean.bm

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