It earned $0.9m during the three months to the end of December, compared to a loss of $19.8m in the fourth quarter of 2013.
Quarterly revenue went down a fraction from $15.5m to $15m.
The average charter rate secured by the company during the last quarter was slightly reduced to $15,826 against $16,878.
Diana’s latest performance resulted in full year net income of $3.2m,