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


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.
Other PRGN's Earnings Reports

Paragon Shipping reported third quarter 2015 earnings

Paragon Shipping reported second quarter 2015 earnings

Paragon Shipping reported first quarter 2015 earnings

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