Costamare (CMRE) Reports In-Line Q3 EPS

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Costamare Inc. Reports Results for the Third Quarter and Nine-Months Ended September 30, 2018

October 24, 2018 4:10 PM EDT

MONACO, Oct. 24, 2018 (GLOBE NEWSWIRE) -- Costamare Inc. (Costamare or the Company) (NYSE: CMRE) today reported unaudited financial results for the third quarter and nine-months ended September 30, 2018.

Adjusted Net Income available to common stockholders of $9.8 million or $0.09 per share and $33.6 million or $0.31 per share for the three-months and the nine-months ended September 30, 2018, respectively.Successfully concluded pre and post delivery financing of its five newbuild vessels, currently under construction, which will enter into 10-year charters to Yang Ming upon their delivery. The... More