Star Bulk Carriers (SBLK) Tops Q2 EPS by 4c

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Go back to Star Bulk Carriers (SBLK) Tops Q2 EPS by 4c

Star Bulk Carriers Corp. Reports Financial Results for the Second Quarter and First Half of 2015

August 31, 2015 8:47 AM EDT

ATHENS, GREECE -- (Marketwired) -- 08/31/15 -- 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 second quarter and the first half of 2015.

Financial Highlights

(Expressed in thousands Three months Three months Six months Six months of U.S. dollars, ended ended ended ended except for daily rates June 30, June 30, June 30, June 30, and per share data) 2015 2014 2015 2014 ---------------------------------------------------------------------------- Total Revenues $55,817 $24,746 $101,318 $44,925 ---------------------------------------------------------------------------- EBITDA (1) ($33,360) $5,351 ($44,961) $12,092 ---------------------------------------------------------------------------- Adjusted EBITDA (1) $6,262 $9,596 $624 $17,392 ---------------------------------------------------------------------------- Net loss ($65,021) ($2,992) ($105,197) ($3,870) ---------------------------------------------------------------------------- Adjusted Net income / (loss) ($22,238) $2,836 ($52,541)... More