EuroDry Ltd. (EDRY) Tops Q4 EPS by 20c
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EuroDry Ltd. Reports Results for the Year and Quarter Ended December 31, 2019
February 12, 2020 4:05 PM ESTMAROUSSI, ATHENS, Greece, Feb. 12, 2020 (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 periods ended December 31, 2019.
Fourth Quarter 2019 Highlights:
Total net revenues of $7.6 million. Net income of $1.4 million; net income attributable to common shareholders (after a $0.4 million dividend on Series B Preferred Shares) of $1.03 million or $0.45 earnings per share basic and diluted. Adjusted net income attributable to common shareholders1 for the... More