Star Bulk Carriers (SBLK) Tops Q4 EPS by 1c

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Go back to Star Bulk Carriers (SBLK) Tops Q4 EPS by 1c

Star Bulk Carriers Corp. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2015

February 29, 2016 6:00 PM EST

ATHENS, GREECE -- (Marketwired) -- 02/29/16 -- 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 fourth quarter and year ended December 31, 2015.

Financial Highlights

Year Year ended ended (Expressed in thousands of U.S. Fourth Fourth dollars, except for daily rates and quarter quarter December December per share data) 2015 2014 31, 2015 31, 2014 ---------------------------------------------------------------------------- Total Revenues $64,154 $65,650 $234,286 $147,387 ---------------------------------------------------------------------------- EBITDA (1) ($281,907) $15,615 ($333,776) $41,937 ---------------------------------------------------------------------------- Adjusted EBITDA (1) $6,623 $16,564 $13,375 $43,565 ---------------------------------------------------------------------------- Net income/(loss) ($311,007) ($8,074) ($458,177) ($11,723) ---------------------------------------------------------------------------- Adjusted Net income / (loss) ($24,563) ($4,680) ($101,629) ($2,265) ---------------------------------------------------------------------------- Earnings / (loss) per share basic and diluted ($1.42) ($0.08) ($2.34)... More