Costamare (CMRE) Misses Q2 EPS by 3c
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Costamare Inc. Reports Results for the Second Quarter and Six-Month Period Ended June 30, 2023
July 28, 2023 6:59 AM EDTMONACO, July 28, 2023 (GLOBE NEWSWIRE) -- Costamare Inc. (Costamare or the Company) (NYSE: CMRE) today reported unaudited financial results for the second quarter (Q2 2023) and six-months ended June 30, 2023.
PROFITABILITY AND LIQUIDITY Q2 2023 Net Income available to common stockholders of $63.2 million ($0.52 per share).Q2 2023 Adjusted Net Income available to common stockholders1Â of $68.6 million ($0.56 per share).Q2 2023 liquidity of $1,059 million2. SHARE REPURCHASE PROGRAM TO DATE Repurchase of 5,385,492 common shares, for a total consideration of $50.0... More