EuroDry Ltd. Reports Results for the Six-Month Period and Quarter Ended June 30, 2020
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
EuroDry Ltd. (EDRY) Misses Q2 EPS by 58c, Revenues Miss
August 6, 2020 8:36 AM EDTEuroDry Ltd. (NASDAQ: EDRY) reported Q2 EPS of ($1.73), $0.58 worse than the analyst estimate of ($1.15). Revenue for the quarter came in at $4 million versus the consensus estimate of $4.75 million.
Second Quarter 2020 Highlights:
Total net revenues of $4.0 million. Net loss of $3.8 million; net loss attributable to common shareholders (after a $0.4 million dividend on Series B Preferred Shares) of $4.2 million or $1.86 loss per share basic and diluted. Adjusted net loss attributable to common shareholders1 for the period was $3.9 million or $1.73 loss per share basic and diluted.Adjusted EBITDA1 was $(1.3) million.An... More