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-0.00523560209424084 0.0366492146596859 -0.0157068062827225 -0.0104712041884817 -0.0173821989528796 -0.0317277486910995 -0.0366492146596859 -0.0484816753926702
Stock impact report

Castor Maritime Inc. reports $20.0 Million Net income for the Three Months Ended March 31, 2022.

Castor Maritime Inc. - Common Shares (CTRM) 
Company Research Source: GlobeNewswire
LIMASSOL, Cyprus, May 09, 2022 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM) (“Castor” or the “Company”), a diversified global shipping company, today announced its results for the three months ended March 31, 2022. Highlights of the First Quarter Ended March 31, 2022: Revenues, net: $54.6 million for the three months ended March 31, 2022, as compared to $7.0 million for the three months ended March 31, 2021;Net income: $20.0 million for the three months ended March 31, 2022, as compared to $1.1 million for the three months ended March 31, 2021; Earnings per common share(1): $0.21 earnings per share for the three months ended March 31, 2022, as compared to earnings per share of $0.02 for the three months ended March 31, 2021; EBITDA(2): $27.9 million for the three months ended March 31, 2022, as compared to $2.6 million for the three months ended March 31, 2021; andCash and restricted cash of $84.0 million as of March 31, 2022, as compared to $43.4 millio Show less Read more
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