EuroDry Ltd. reports Q3 net revenues of $14.4 million and net loss of $0.7 million

Reuters
2025.11.13 15:48
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EuroDry Ltd. reported Q3 2025 net revenues of $14.4 million and a net loss of $0.7 million. Adjusted EBITDA was $4.1 million. The company sold the vessel MV Eirini P for $8.5 million and repurchased 334,674 shares for $5.3 million. The share repurchase program is extended for another year. Fixed rate coverage for 2025 is 44.6%. This AI-generated news is for informational purposes only.

EuroDry Ltd. reported net revenues of $14.4 million for the third quarter of 2025. The company posted a net loss attributable to controlling shareholders of $0.7 million, or $0.24 per share, and an adjusted net loss of $0.6 million, or $0.23 per share. Adjusted EBITDA for the period was $4.1 million. During the quarter, EuroDry sold the vessel MV Eirini P for $8.5 million, with delivery to new owners completed on October 21, 2025. The company has repurchased 334,674 shares for $5.3 million since the initiation of its share repurchase plan in August 2022, and the Board of Directors has extended the program for an additional year. Fixed rate coverage for the remainder of 2025 stands at approximately 44.6%, excluding ships on index charters. 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. EuroDry Ltd. published the original content used to generate this news brief on November 13, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here