Costamare (CMRE) Tops Q1 EPS by 5c

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Costamare Inc. Reports Results for the First Quarter Ended March 31, 2015

April 28, 2015 4:03 PM EDT

ATHENS, GREECE -- (Marketwired) -- 04/28/15 -- Costamare Inc. ("Costamare" or the "Company") (NYSE: CMRE) today reported unaudited financial results for the first quarter ended March 31, 2015.

Voyage revenues of $120.9 million for the quarter ended March 31, 2015. Voyage revenues adjusted on a cash basis of $121.5 million for the quarter ended March 31, 2015. Adjusted EBITDA of $86.0 million for the quarter ended March 31, 2015. Net income of $26.3 million for the quarter ended March 31, 2015. Net income available to common stockholders of $23.3 million or $0.31 per share for the quarter ended March 31, 2015. Adjusted Net income available to... More