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Paragon Shipping Inc.  (PRGN)
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    Sector  Transportation    Industry Marine Transportation
 
 

EARNINGS REPORT by CSIMarket

Rasults hit by impairment charges


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Paragon Shipping Inc see it's forth quarter 2015 results, effected by $97 million impairment of assets, company reports $-409.93 loss per share.



For the forth quarter 2015 Paragon Shipping Inc increased losses of $-409.93 per share compare to $-2.18 a year ago and from $0.00 per share from the previous quarter.

Sales faded by -38.28 % to $36 millions from $58 millions in the same quarter a year ago and sequentially from $0 millions.



For the forth quarter 2015 Paragon Shipping Inc realized net loss of $-269 million, bigger than $-52 million a year ago.

Excluding the negative impact of $97 million, on impairment of assets, Paragon Shipping Inc would still finished the quarter in red.

Paragon Shipping Inc announced net loss of $-269 millions and Sales of $36 millions in the fiscal year 2015.

Net loss per share has widen to $-409.93 from $-2.18 in previous fiscal year, while Sales Tumbled by -38.28 % from $58 millions a year ago.

Paragon Shipping Inc is expected to report next financial results on October 16, 2017.
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Paragon Shipping reported third quarter 2015 earnings

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Paragon Shipping reported first quarter 2015 earnings



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