EuroDry Ltd. (EDRY) Reports Q3 EPS of $0.62, Revenues Beat

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EuroDry Ltd. Reports Results for the Nine-Month Period and Quarter Ended September 30, 2018

November 15, 2018 4:05 PM EST

MAROUSSI, ATHENS, Greece, Nov. 15, 2018 (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 and nine month period ended September 30, 2018. Euroseas Ltd. (Euroseas or Former Parent Company) contributed to the Company its drybulk fleet of six vessels, one Ultramax and two Kamsarmax vessels built between 2016 and 2018, and three Japanese-built Panamax vessels built between 2000 and 2004 (the Spin-off). The Company was spun-off from Euroseas Ltd. on May 30, 2018. The results below refer to the above fleet for the periods presented.

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