EuroDry reports Q1 2026 earnings of $0.09 per share, orders two new bulk carriers

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EuroDry Ltd. Reports Results for the Quarter Ended March 31, 2026 and Announces the order for two Modern 82,000 DWT Kamsarmax Bulk Carriers

May 20, 2026 7:49 AM EDT

ATHENS, Greece, May 20, 2026 (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, 2026.

First Quarter 2026 Highlights:

Total net revenues of $12.8 million.

Net income attributable to controlling shareholders, of $0.26 million or $0.09 earnings per share attributable to controlling shareholders basic and diluted.

Adjusted net income1 attributable to controlling shareholders for the... More