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Global Ship Lease, Inc.  (GSL)
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    Sector  Transportation    Industry Marine Transportation
 
 

EARNINGS REPORT by CSIMarket

Forth quarter Profits vanish on impairment charges


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Global Ship Lease, Inc revalues it's goodwill and intangible assets, by taking $45 million charge in the forth quarter 2015



Global Ship Lease, Inc announced earnings per share of $-0.67 and Sales of $0 millions in the forth quarter 2015, Company's posted loss per share, versus $0.10 eps, earned in the same quarter a year ago, although Global Ship Lease, Inc saw it's Sales rise by 18.98 % in the same period.

from the preceding quarter from $0.00 per share, from $0 millions.

For the forth quarter 2015 Global Ship Lease, Inc logged net loss of $-29 million, instead of net income of $14 millions achieved in the same quarter a year before.

Company's earnings were hit hard by $45 million impairment charge, excluding that, Global Ship Lease, Inc would be profitable in the forth quarter 2015

Global Ship Lease, Inc announced net loss of $-65 millions and Sales of $167 millions in the fiscal year 2016.

Net loss per share has widen to $-1.42 from $-0.67 in previous fiscal year, while Sales increased by 0.97 % from $165 millions a year ago.
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Other GSL's Earnings Reports

Global Ship Lease reported third quarter 2015 earnings

Global Ship Lease reported second quarter 2015 earnings

Global Ship Lease reported first quarter 2015 earnings



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