EuroDry Ltd. (EDRY) Misses Q1 EPS by 22c, Revenues Miss
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EuroDry Ltd. Reports Results for the Quarter Ended March 31, 2020
May 18, 2020 4:05 PM EDTMAROUSSI, ATHENS, Greece, May 18, 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-month period ended March 31, 2020.
First Quarter 2020 Highlights:
Total net revenues of $5.1 million; net loss of $2.3 million; net loss attributable to common shareholders (after a $0.4 million dividend on Series B Preferred Shares) of $2.6 million or $1.17 loss per share basic and diluted. Adjusted net loss attributable to common shareholders1 for the period was $2.1 million or $0.91 per share basic and... More