HAMILTON, Bermuda (AP) _ Ardmore Shipping Corp. (ASC) on Wednesday reported third-quarter net income of $61.8 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Hamilton, Bermuda-based company said it had profit of $1.52. Earnings, adjusted for non-recurring costs, came to $1.54 per share.

The shipping company posted revenue of $142.4 million in the period. Its adjusted revenue was $96.4 million.

Ardmore Shipping shares have more than quadrupled since the beginning of the year. The stock has more than tripled 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

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