Costamare (CMRE) Tops Q4 EPS by 6c

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Costamare Inc. Reports Results for the Fourth Quarter and Year Ended December 31, 2015

January 27, 2016 4:15 PM EST

ATHENS, GREECE -- (Marketwired) -- 01/27/16 -- Costamare Inc. ("Costamare" or the "Company") (NYSE: CMRE) today reported unaudited financial results for the fourth quarter and year ended December 31, 2015.

Voyage revenues adjusted on a cash basis of $122.9 million and $493.0 million for the three months and the year ended December 31, 2015, respectively. Adjusted EBITDA of $86.2 million and $348.2 million for the three months and the year ended December 31, 2015, respectively. Adjusted Net income available to common stockholders of $32.8 million or $0.44 per share and $130.4 million or $1.74 per share for the three months and the year ended December 31, 2015, respectively.... More