Globus Maritime (GLBS) Shares Up 13% Following Earnings

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Globus Maritime Limited Reports Financial Results for the Quarter Ended March 31, 2021

June 18, 2021 4:05 PM EDT

GLYFADA, Greece, June 18, 2021 (GLOBE NEWSWIRE) -- Globus Maritime Limited (Globus, the Company, we, or our) (NASDAQ: GLBS), a dry bulk shipping company, today reported its unaudited consolidated operating and financial results for the quarter ended March 31, 2021.

Financial Highlights

In Q1 2021, Total revenues increased by about 126% compared to Q1 2020.The Adjusted EBITDA for Q1 2021 increased by 2.97 million or 1.8 times compared to Q1 2020.As of March 31, 2021 and December 31, 2020, our... More