Safe Bulkers (SB) Misses Q2 EPS by 3c

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Go back to Safe Bulkers (SB) Misses Q2 EPS by 3c

Safe Bulkers, Inc. Reports Second Quarter and Six Months 2018 Results

July 25, 2018 4:05 PM EDT

MONACO, July 25, 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 and six months period ended June 30, 2018.

Summary of Second Quarter 2018 Results

Net revenues for the second quarter of 2018 increased by 34% to $47.0 million from $35.0 million during the same period in 2017.Net income for the second quarter of 2018 was $4.1 million as compared to a net loss of $1.6 million, during the same period in 2017. Adjusted... More