Diana Shipping Inc. reported its financial results for the three months ended March 31, 2025. The company recorded time charter revenues of $54.937 million, a decrease from $57.648 million in the same period in 2024. Operating expenses saw a slight decline, with voyage expenses at $2.950 million compared to $3.268 million the previous year. Net income for the quarter was $2.997 million, an improvement from $2.058 million in the corresponding quarter of 2024. After accounting for dividends on series B preferred shares, the net income attributable to common stockholders was $1.555 million, up from $616,000 in the prior year. The company has not provided any outlook or guidance for future periods, as it undertakes no obligation to revise or update forward-looking statements. Diana Shipping Inc. will conduct a conference call and webcast on May 29, 2025, to further review these results.
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