Scorpio Tankers Q3 adjusted net income $88.1 millionStaff writer ▼ | November 5, 2015
Scorpio Tankers reported its results for the third quarter ended September 30, 2015. Adjusted net income was $88.1 million or $0.53 basic and $0.46 diluted earnings per share, excluding some items.
Shipping $0.53 per basic share
For the three months ended September 30, 2015, the company's basic and diluted weighted average number of shares were 167,237,928 and 205,323,322, respectively.
The diluted weighted average number of shares includes the potentially dilutive shares relating to our Convertible Notes representing 31,345,427 potential common shares (see below for further information).
For the three months ended September 30, 2014, the company's adjusted net loss was $1.2 million or $0.01 basic and diluted loss per share, which excludes a $0.1 million, or $0.00 per share unrealized gain on derivative financial instruments.
For the three months ended September 30, 2014, the company had a net loss of $1.2 million, or $0.01 basic and diluted loss per share. ■