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Stock impact report

Safe Bulkers, Inc. Reports Third Quarter and Nine Months 2018 Results

Safe Bulkers, Inc ($0.001 par value) (SB) 
Last safe bulkers, inc ($0.001 par value) earnings: 2/26 04:05 pm Check Earnings Report
US:NYSE Investor Relations: safebulkers.com/invest_stock.htm
Company Research Source: GlobeNewswire
MONACO, Nov. 07, 2018 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three and nine months period ended September 30, 2018. Summary of Third Quarter 2018 Results Net revenues for the third quarter of 2018 increased by 34% to $50.1 million from $37.3 million during the same period in 2017.Net income for the third quarter of 2018 increased by 21% to $8.1 million from $6.7 million, during the same period in 2017. Adjusted net income1 for the third quarter of 2018 was $8.2 million as compared to adjusted net loss of $1.8 million, during the same period in 2017.EBITDA2 for the third quarter of 2018 was $27.5 million as compared to $27.4 million during the same period in 2017. Adjusted EBITDA3 for the third quarter of 2018 increased by 47% to $27.7 million from $18.9 million during the same period in 2017.Earnings per share and Adju Show less Read more
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