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CTRM News and Press, Castor Maritime Inc. From 08/08/23

Stock Information

Company Name: Castor Maritime Inc.
Stock Symbol: CTRM
Market: NYSE
Website: castormaritime.com

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CTRM - Castor Maritime GAAP EPS of $0.09, revenue of $25.28M

2023-08-08 14:10:35 ET Castor Maritime press release ( NASDAQ: CTRM ): Q2 GAAP EPS of $0.09. Revenue of $25.28M (-39.4% Y/Y). For further details see: Castor Maritime GAAP EPS of $0.09, revenue of $25.28M

CTRM - Castor Maritime Inc. Reports Net Income of $8.2 Million for the Three Months Ended June 30, 2023 and Net income of $19 Million for the Six Months Ended June 30, 2023

LIMASSOL, Cyprus, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM) (“Castor” or the “Company”), a diversified global shipping company, today announced its results for the three months and six months ended June 30, 2023. Earnings Highlights ...

CTRM - Castor Maritime Inc. Announces the Date of its 2023 Annual General Meeting of Shareholders

LIMASSOL, Cyprus, July 31, 2023 (GLOBE NEWSWIRE) -- Limassol, Cyprus, July 31, 2023 – Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announced today that its Board of Directors (the "Board") has scheduled...

CTRM - Castor Maritime Inc. Announces the Completion of the Sale of the M/V Magic Twilight

LIMASSOL, Cyprus, July 24, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that on July 20, 2023, the Company completed the previously announced sale at a price of $17.5 m...

CTRM - Castor Maritime Joins Danaos Corporation In Hunt For Eagle Bulk Shipping

2023-07-06 14:40:24 ET Summary While current dry bulk shipping charter rates are nothing to write home about, leading containership lessors Costamare and Danaos Corporation recently made moves to enter the space. Castor Maritime recently joined Danaos Corporation by taking a signi...

CTRM - Performance Shipping: Great Fundamentals Held Down By Shareholder Dilution

2023-06-28 17:55:36 ET Summary Greece-based tanker operator has raised $37.7 million over the past 13 months from relentlessly diluting common shareholders well below net asset value ("NAV"). Like other tanker companies with a focus on the spot- and short-term time charter markets...

CTRM - Castor Maritime Inc. Announces the Sale of the M/V Magic Twilight for $17.5 Million and With an Expected Net Gain of $4.0 Million

LIMASSOL, Cyprus, June 15, 2023 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM) (“Castor”, or the “Company”), a diversified global shipping company, announces that on June 2, 2023, the Company entered into an agreement with an unaffiliated third party for ...

CTRM - Toro Corp.: Avoid On Corporate Governance Issues And Lack Of Dividends Or Share Buybacks

2023-05-31 08:18:06 ET Summary Junior tanker operator Toro Corp. reported well-anticipated, strong first quarter results with decent free cash flow generation. Last month, the company sold 8.5 million new shares to an entity controlled by its Chairman and CEO, Petros Panagiotidis ...

CTRM - Castor Maritime - Sell On Renewed Dilution Concerns

2023-05-29 23:15:18 ET Summary Company published its first quarterly report following the recent spin-off of its tanker fleet into a new, Nasdaq-listed entity named Toro Corp. Due to elevated seasonal weakness in dry bulk charter rates and some unspecified unrealized losses on equ...

CTRM - Castor Maritime GAAP EPS of -$0.07, revenue of $24.47M

2023-05-23 09:40:34 ET Castor Maritime press release ( NASDAQ: CTRM ): Q1 GAAP EPS of -$0.07. Revenue of $24.47M (-35.3% Y/Y). Adjusted EBITDA from continuing operations: $9.3 million for the three months ended March 31, 2023, as compared to $24.2 million for the three...

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