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Stock impact report

GOGL – Second Quarter 2024 Results

Golden Ocean Group Limited (GOGL) 
Last golden ocean group limited earnings: 5/22 02:10 am Check Earnings Report
US:NASDAQ Investor Relations: goldenocean.no
Company Research Source: GlobeNewswire
Hamilton, Bermuda, August 28, 2024 - Golden Ocean Group Limited (NASDAQ/OSE: GOGL) (the “Company” or “Golden Ocean”), the world's largest listed owner of large size dry bulk vessels, today announced its unaudited results for the quarter ended June 30, 2024. Highlights Net income of $62.5 million and earnings per share of $0.31 (basic) for the second quarter of 2024, compared with net income of $65.4 million and earnings per share of $0.33 (basic) for the first quarter of 2024.Adjusted EBITDA of $120.3 million for the second quarter of 2024, compared with $114.3 million for the first quarter of 2024.Adjusted net income of $63.4 million for the second quarter of 2024, compared to $58.4 million for the first quarter of 2024.Reported TCE rates for Capesize and Panamax vessels of $28,005 per day and $15,721 per day, respectively, and $23,535 per day for the entire fleet in the second quarter of 2024.Entered into an agreement to sell one Panamax vessel for net consideration of Show less Read more
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