Globus Maritime (GLBS) Reports Q2 Loss of $1.01/Share
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September 24, 2015 4:02 PM EDT
ATHENS, GREECE -- (Marketwired) -- 09/24/15 --
Globus Maritime Limited ("Globus," the "Company," "we," or "our") (NASDAQ: GLBS), a dry bulk shipping company, today reported its unaudited consolidated operating and financial results for the quarter and six month period ended June 30, 2015.
Financial Highlights
Three months ended Six months ended
June 30, June 30,
---------------------- ----------------------
(Expressed in thousands of
U.S. dollars except for
daily rates and per share
data) 2015 2014 2015 2014
---------- ---------- ---------- ----------
Net revenue (1) 2,882 6,100 5,358 12,328
Adjusted (LBITDA)/EBITDA (2) (61) 2,689 (829) 6,078
Total comprehensive loss (10,326) (1,241) (13,629) (159)
Basic loss per share(3) (1.01) (0.14) (1.35) (0.04)
Time charter equivalent rate
(TCE) 4,560 9,189 4,076 9,218
Average operating expenses
per vessel per day 3,647 5,002 3,965 4,561
Average number of vessels...
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