Safe Bulkers Inc. Reports Q1 2025 Results: Net Revenues Drop to $64.3M, Net Income Falls to $7.2M, EPS at $0.05

Reuters
05-20
<a href="https://laohu8.com/S/SB">Safe Bulkers</a> Inc. Reports Q1 2025 Results: Net Revenues Drop to $64.<a href="https://laohu8.com/S/MMM">3M</a>, Net Income Falls to $7.2M, EPS at $0.05

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced its unaudited financial results for the first quarter of 2025. The company reported net revenues of $64.3 million, a decrease from $71.5 million in the fourth quarter of 2024 and $81.7 million in the first quarter of 2024. Net income for the first quarter of 2025 was $7.2 million, down from $19.4 million in the previous quarter and $25.3 million in the same period of the previous year. Adjusted net income for Q1 2025 stood at $7.8 million, compared to $18.1 million in Q4 2024 and $24.2 million in Q1 2024. The company reported earnings per share of $0.05, with a weighted average number of shares at 105,058,628. EBITDA for the first quarter of 2025 was $28.8 million, a decline from $41.9 million in the previous quarter and $47.9 million in Q1 2024. Additionally, the Board of Directors declared a cash dividend of $0.05 per share of outstanding common stock.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Safe Bulkers Inc. published the original content used to generate this news brief on May 19, 2025, and is solely responsible for the information contained therein.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10