Ultrapetrol Q1 Loss Narrows - Quick Facts

(RTTNews) - Ultrapetrol (Bahamas) Limited (ULTR) posted first-quarter net loss attributable to the company of $4.8 million, or $0.03 per share, narrower than $5.9 million or $0.04 per share in the year-ago quarter.

Adjusted net loss for the latest first quarter was $4.6 million or $0.03 per share, wider than $242 thousand or $0.00 per share in the comparable quarter last year. On average, three analysts polled by Thomson Reuters expected the company to earn $0.02 per share. Analysts' estimates typically exclude special items.

Total revenues for the latest first quarter rose 11% to $86.34 million from $77.89 million a year earlier. Two analysts expected revenues of $69.46 per share.