DryShips Inc. Announces First Quarter 2014 Results Release Date, Conference Call and Webcast
May 15 2014 - 4:02PM
Marketwired
DryShips Inc. Announces First Quarter 2014 Results Release Date,
Conference Call and Webcast
ATHENS, GREECE--(Marketwired - May 15, 2014) - Dryships
Inc. (NASDAQ: DRYS) (the "Company" or "DryShips"), a
global provider of marine transportation services for drybulk and
petroleum cargoes, and through its majority owned subsidiary, Ocean
Rig UDW Inc., of off-shore contract drilling oil services,
announced today that it will release its results for the first
quarter 2014 after the market closes in New York on Thursday, May
22, 2014.
DryShips' management team will host a conference call the
following day on Friday, May 23, 2014, at 9:00 a.m. EDT to discuss
the Company's financial results.
Conference Call details: Participants should dial into the call
10 minutes before the scheduled time using the following numbers:
1(866) 819-7111 (from the US), 0(800) 953-0329 (from the UK)
or +(44) (0) 1452 542 301 (from outside the US). Please quote
"DryShips."
A replay of the conference call will be available until Friday,
May 30, 2014. The United States replay number is 1(866) 247-4222;
from the UK 0(800) 953-1533; the standard international replay
number is (+44) (0) 1452 550 000 and the access code required for
the replay is: 2133051#.
Slides and audio webcast: There will also be a simultaneous live
webcast over the Internet, through the DryShips Inc. website
(www.dryships.com). Participants to the live webcast should
register on the website approximately 10 minutes prior to the start
of the webcast.
About DryShips Inc.
DryShips Inc. is an owner of drybulk carriers and tankers that
operate worldwide and, through its majority owned subsidiary, Ocean
Rig UDW Inc., DryShips owns and operates offshore ultra deepwater
drilling units.
DryShips' common stock is listed on the NASDAQ Global Select
Market where it trades under the symbol "DRYS."
Visit the Company's website at www.dryships.com
Forward-Looking Statement
Matters discussed in this release may constitute forward-looking
statements. The U.S. Private Securities Litigation Reform Act of
1995 provides safe harbor protections for forward-looking
statements in order to encourage companies to provide prospective
information about their business. The Company desires to take
advantage of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995 and is including this cautionary
statement in connection with this safe harbor legislation.
Forward-looking statements reflect our current views with
respect to future events and financial performance and may include
statements concerning plans, objectives, goals, strategies, future
events or performance, and underlying assumptions and other
statements, which are other than statements of historical facts.
The words "believe," "intend," "anticipate," "estimate," "project,"
"forecast," "plan," "potential," "may," "should," "expect" and
similar expressions identify forward-looking statements.
The forward-looking statements in this release are based upon
various assumptions, many of which are based, in turn, upon further
assumptions, including without limitation, management's examination
of historical operating trends, data contained in our records and
other data available from third parties. Although we believe that
these assumptions were reasonable when made, because these
assumptions are inherently subject to significant uncertainties and
contingencies which are difficult or impossible to predict and are
beyond our control, we cannot assure you that it will achieve or
accomplish these expectations, beliefs or projections.
Important factors that, in our view, could cause actual results
to differ materially from those discussed in the forward-looking
statements include the strength of world economies and currencies,
general market conditions, including changes in charterhire and
drilling dayrates and drybulk vessel, drilling rig and drillship
values, failure of a seller to deliver one or more drilling rigs,
drillships or drybulk vessels, failure of a buyer to accept
delivery of a drilling rig, drillship, or vessel, inability to
procure acquisition financing, default by one or more charterers of
our ships, changes in demand for drybulk commodities or oil,
changes in demand that may affect attitudes of time charterers and
customer drilling programs, scheduled and unscheduled drydockings
and upgrades, changes in our operating expenses, including bunker
prices, dry-docking and insurance costs, changes in governmental
rules and regulations or actions taken by regulatory authorities,
potential liability from pending or future litigation, domestic and
international political conditions, potential disruption of
shipping routes due to accidents and political events or acts by
terrorists.
Risks and uncertainties are further described in reports filed
by DryShips with the U.S. Securities and Exchange Commission.
Contact: Investor Relations / Media: Nicolas Bornozis
Capital Link, Inc. (New York) Tel. 212-661-7566 E-mail:
dryships@capitallink.com
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