EuroDry Ltd. (EDRY) Tops Q4 EPS by 14c, Revenues Miss
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EuroDry Ltd. Reports Results for the Year and Quarter Ended December 31, 2018
February 19, 2019 8:02 AM ESTMAROUSSI, ATHENS, Greece, Feb. 19, 2019 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY, the Company or EuroDry), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today its results for the three and twelve month period ended December 31, 2018. Euroseas Ltd. (Euroseas or Former Parent Company) contributed to the Company its drybulk fleet of six vessels, one Ultramax and two Kamsarmax vessels built between 2016 and 2018, and three Japanese-built Panamax vessels built between 2000 and 2004 (the Spin-off). The Company was spun-off from Euroseas Ltd. on May 30, 2018. The results below refer to the above fleet for the periods presented.
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