PEMBROKE, Bermuda (AP) _ Ardmore Shipping Corp. (ASC) on Tuesday reported first-quarter net income of $6.5 million, after reporting a loss in the same period a year earlier.

The Pembroke, Bermuda-based company said it had profit of 20 cents per share.

The shipping company posted revenue of $65.2 million in the period. Its adjusted revenue was $41.5 million.

Ardmore Shipping shares have dropped 25% since the beginning of the year. The stock has fallen 12% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ASC at https://www.zacks.com/ap/ASC

Automated Insights, source Associated Press News