2023-05-04 16:40:37 ET
- Eagle Bulk Shipping press release ( NYSE: EGLE ): Q1 Non-GAAP EPS of $0.26 beats by $0.07 .
- Revenue of $105.2M (-43.0% Y/Y) beats by $35.98M .
- Generated Adjusted EBITDA of $18.7 million
- Executed agreements to acquire two high-specification 2020-built scrubber-fitted Ultramax bulkcarriers for $60.2 million, or $30.1 million each
- Vessels are to be renamed Halifax Eagle and Vancouver Eagle and are expected to be delivered during the second quarter
- Declared a quarterly dividend of $0.10 per share for the first quarter of 2023.
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Eagle Bulk Shipping Non-GAAP EPS of $0.26 beats by $0.07, revenue of $105.2M beats by $35.98M