Costamare (CMRE) Reports In-Line Q3 EPS

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Costamare Inc. Reports Results for the Third Quarter and the Nine-Month Period Ended September 30, 2020

October 27, 2020 4:29 PM EDT

MONACO, Oct. 27, 2020 (GLOBE NEWSWIRE) -- Costamare Inc. (Costamare or the Company) (NYSE: CMRE) today reported unaudited financial results for the third quarter (Q3 2020) and nine-months ended September 30, 2020.

Liquidity of $210.4 million as of end Q3 2020 (including our share of cash amounting to $23.0 million held in companies co-owned with York Capital Management Global Advisors LLC and an affiliated fund (collectively, together with the funds it manages or advises, York)). No meaningful debt maturities until 2024. Net Income of $25.2... More