Safe Bulkers (SB) Tops Q1 EPS by 1c, Revenues Beat
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Safe Bulkers, Inc. Reports First Quarter 2018 Results
May 29, 2018 4:05 PM EDTMONACO, May 29, 2018 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three month period ended March 31, 2018.
Summary of First Quarter 2018 Results
Net revenues for the first quarter of 2018 increased by 31% to $43.5 million from $33.3 million during the same period in 2017. Net income for the first quarter of 2018 was $6.0 million as compared to a net loss of $3.3... More