Costamare (CMRE) Tops Q1 EPS by 6c
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Costamare Inc. Reports Results for the First Quarter Ended March 31, 2016
April 20, 2016 4:16 PM EDTMONACO -- (Marketwired) -- 04/20/16 -- Costamare Inc. ("Costamare" or the "Company") (NYSE: CMRE) today reported unaudited financial results for the first quarter ended March 31, 2016.
Voyage revenues adjusted on a cash basis of $119.8 million for the three months ended March 31, 2016 Adjusted EBITDA of $85.3 million for the three months ended March 31, 2016. Adjusted Net income available to common stockholders of $34.3 million or $0.45 per share for the three months ended March 31, 2016.See "Financial Summary" and "Non-GAAP Measures" below for additional detail.
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