Aegean Marine Petroleum Reports EPS of $(0.24) vs. $(0.24); Revenue $1.45B vs. $1.33B
Aegean Marine Petroleum Network Inc. (NYSE: ANW) today announced financial and operating results for the fourth quarter ended December 31, 2010.
Total revenues for the three months ended December 31, 2010, increased by 73.3% to $1,454.0 million compared to $838.8 million for the same period in 2009.
The Company reported net loss for the three months ended December 31, 2010 of $12.0 million, or $0.26 basic and diluted loss per share. Net loss adjusted for foreign exchange losses was $11.0 million or $0.24 basic and diluted loss per share.
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