Star Bulk Carriers (SBLK) Reports In-Line Q1 EPS

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Go back to Star Bulk Carriers (SBLK) Reports In-Line Q1 EPS

Star Bulk Carriers Corp. Reports Financial Results for the First Quarter Ended March 31, 2015

June 30, 2015 5:41 PM EDT

ATHENS, GREECE -- (Marketwired) -- 06/30/15 -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (NASDAQ: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced its unaudited financial and operating results for the first quarter ended March 31, 2015.

Financial Highlights

Three Three months months ended ended (Expressed in thousands of U.S. dollars, except for March 31, March 31, daily rates and per share data) 2015 2014 ---------------------------------------------------------------------------- Total Revenues $45,501 $20,179 ---------------------------------------------------------------------------- EBITDA (1) ($11,564) $6,741 ---------------------------------------------------------------------------- Adjusted EBITDA (1) ($5,638) $7,796 ---------------------------------------------------------------------------- Net loss ($40,176) ($878) ---------------------------------------------------------------------------- Adjusted Net income / (loss) ($30,303) $1,743 ---------------------------------------------------------------------------- Loss per share basic and diluted ($0.26)... More