Safe Bulkers: Q4 Earnings Snapshot
By AP News
Published - Feb 12, 2024, 04:54 PM ET
Last Updated - Feb 12, 2024, 04:54 PM EST
MONACO (AP) — MONACO (AP) — Safe Bulkers Inc. (SB) on Monday reported earnings of $27.6 million in its fourth quarter.
The company said it had net income of 23 cents per share. Earnings, adjusted for non-recurring costs, came to 25 cents per share.
The shipping company posted revenue of $82.3 million in the period. Its adjusted revenue was $76.7 million.
For the year, the company reported profit of $77.4 million, or 61 cents per share. Revenue was reported as $262.7 million.
