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Safe Bulkers: Q1 Earnings Snapshot

Safe Bulkers: Q1 Earnings Snapshot

By Ap News
Published - Apr 29, 2024, 04:45 PM ET
Last Updated - Apr 29, 2024, 04:45 PM EDT

MONACO (AP) — MONACO (AP) — Safe Bulkers Inc. (SB) on Monday reported net income of $25.3 million in its first quarter.

The company said it had net income of 21 cents per share. Earnings, adjusted for non-recurring gains, came to 20 cents per share.

The shipping company posted revenue of $81.7 million in the period. Its adjusted revenue was $76.8 million.

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