EuroDry Ltd. (EDRY) Tops Q3 EPS by 46c, Revenues Beat

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EuroDry Ltd. Reports Results for the Nine-Month Period and Quarter Ended September 30, 2020

November 11, 2020 4:05 PM EST

ATHENS, Greece, Nov. 11, 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 nine-month periods ended September 30, 2020.

Third Quarter 2020 Highlights:

Total net revenues of $6.8 million. Net income of $0.5 million; net income attributable to common shareholders (after a $0.4 million dividend on Series B Preferred Shares) of $0.1 million or $0.06 earnings per share basic and diluted. Adjusted net income... More