Costamare (CMRE) Tops Q2 EPS by 9c

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Costamare Inc. Reports Results for the Second Quarter and Six-Month Period Ended June 30, 2014

July 23, 2014 4:10 PM EDT

ATHENS, Greece, July 23, 2014 (GLOBE NEWSWIRE) -- Costamare Inc. ("Costamare" or the "Company") (NYSE: CMRE) today reported unaudited financial results for the second quarter and six months ended June 30, 2014.

Voyage revenues of $123.5 million and $238.4 million for the three and the six months ended June 30, 2014, respectively.   Voyage revenues adjusted on a cash basis of $126.0 million and $243.5 million for the three and six months ended June 30, 2014, respectively.   Adjusted EBITDA of $91.4 million and $173.4 million for the three and six months ended June 30, 2014, respectively.   Net income of $27.4 million and $47.2 million for the three and six months ended June... More