EuroDry Ltd. Reports Results for the Year and Quarter Ended December 31, 2020

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Go back to EuroDry Ltd. Reports Results for the Year and Quarter Ended December 31, 2020

EuroDry Ltd. (EDRY) Tops Q4 EPS by 5c

February 16, 2021 4:51 PM EST

EuroDry Ltd. (NASDAQ: EDRY) reported Q4 EPS of ($0.34), $0.05 better than the analyst estimate of ($0.39). Revenue for the quarter came in at $6.4 million versus the consensus estimate of $6.3 million.

Fourth Quarter 2020 Highlights:

Total net revenues of $6.4 million.Net loss of $0.3 million; net loss attributable to common shareholders (after a $0.4 million dividend on Series B Preferred Shares) of $0.7 million or $0.31 loss per share basic and diluted. Adjusted net loss attributable to common shareholders1 for the period was $0.8 million or $0.34 adjusted loss per share basic and diluted.Adjusted EBITDA1 was $1.8... More