Top Ships Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014
For the nine months, the company reported revenues of $20.783 million compared to $2.103 million a year ago. Operating income was $12.074 million compared to $0.326 million a year ago. Net income and comprehensive income was $6.373 million or $2.62 per diluted share compared to $0.458 million or $0.03 per diluted share a year ago. Net cash provided by operating activities was of $9.707 million compared to net cash used in operating activities of $2.143 million a year ago.