Pyxis Tankers reported a first quarter profit, which was driven by a one-time gain on the debt extinguishment, as the company still keeps a cautious stance on the market.
The New York-listed Pyxis reported net income of $0.6m, or $0.03 per share, compared to a $1.7m loss in the year earlier period.
The first quarter was helped by a $4.3m
