Eagle Bulk Shipping Inc. Reports Third Quarter 2016 Results
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Eagle Bulk Shipping (EGLE) Reports Q3 Loss of $0.52
November 8, 2016 4:35 PM ESTEagle Bulk Shipping (NASDAQ: EGLE) reported Q3 EPS of ($0.52), versus ($10.83) reported last year. Revenue for the quarter came in at $35.8 million, versus $29.1 million reported last year.
Fleet utilization rate of 98.9%.The sale of MV Harrier and MV Kittiwake for net proceeds of $3.2 million and $4.2 million, respectively.The closing of a previously-announced private... More