Safe Bulkers, Inc. Reports Fourth Quarter and Twelve Months 2017 Results
Safe Bulkers, Inc ($0.001 par value) (SB)
Last safe bulkers, inc ($0.001 par value) earnings: 2/26 04:05 pm
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US:NYSE Investor Relations:
safebulkers.com/invest_stock.htm
Company Research
Source: GlobeNewswire
MONACO, Feb. 14, 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 twelve months period ended December 31, 2017. Summary of Fourth Quarter 2017 Results Net revenues for the fourth quarter of 2017 increased by 34% to $42.4 million from $31.7 million during the same period in 2016. Net loss for the fourth quarter of 2017 was $86.6 million as compared to $4.6 million, during the same period in 2016. Adjusted net income1 for the fourth quarter of 2017 was $5.5 million as compared to Adjusted net loss of $4.1 million, during the same period in 2016.EBITDA2 for the fourth quarter of 2017 amounted to loss of $68.1 million as compared to earnings of $13.1 million during the same period in 2016. Adjusted EBITDA3 for the fourth quarter of 2017 increased by 76% to $23.9 million from $13.6 million during the same period in 2016.Los
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Earnings
- 2/12/24 - Beat
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Sec Filings
- 4/3/24 - Form 6-K
- 3/6/24 - Form 6-K
- 3/1/24 - Form 6-K
- SB's page on the SEC website