DryShips (DRYS +9.2%) pops after its Q3 beats estimates. Revenue rose 41% Y/Y to $318M, but were...

|About: DryShips Inc. (DRYS)|By:, SA News Editor

DryShips (DRYS +9.2%) pops after its Q3 beats estimates. Revenue rose 41% Y/Y to $318M, but were offset somewhat as vessel and drilling rig operating expenses doubled to $105M. Drybulk fleet utilization also increased to 98.9% from 97.7%.