EuroDry Ltd. (EDRY) Tops Q1 EPS by 27c

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Go back to EuroDry Ltd. (EDRY) Tops Q1 EPS by 27c

EuroDry Ltd. Reports Results for the Quarter Ended March 31, 2022

May 18, 2022 8:07 AM EDT

ATHENS, Greece, May 18, 2022 (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-month period ended March 31, 2022.

First Quarter 2022 Highlights:

Total net revenues of $18.3 million.Net income attributable to common shareholders of $10.5 million or $3.69 and $3.64 earnings per share basic and diluted, respectively. Adjusted net income attributable to common shareholders1 for the quarter of $9.5 million or $3.34 and... More