Costamare (CMRE) Reports In-Line Q1 EPS, Revenues Miss
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Costamare Inc. Reports Results for the First Quarter Ended March 31, 2020
April 29, 2020 6:52 AM EDTMONACO, April 29, 2020 (GLOBE NEWSWIRE) -- Costamare Inc. (Costamare or the Company) (NYSE: CMRE) today reported unaudited financial results for the first quarter ended March 31, 2020 (Q1 2020).
Net Income of $32.8 million or $0.21 per share in Q1 2020.Adjusted Net Income available to common stockholders(1) of $32.6 million or $0.27 per share in Q1 2020.Voyage Revenues of $121.4 million.Liquidity of $268.4 million as of end Q1 2020 (including our share of cash amounting to $31.0 million held in subsidiaries co-owned with... More