Costamare Bulkers posted Q2 GAAP net income of USD 5.2 million, or USD 0.21 per share; non-GAAP adjusted net income totaled USD 9.8 million.
Six-month GAAP net income came in at USD 15.1 million, or USD 0.62 per share; non-GAAP adjusted net income was USD 22.2 million.
Total liquidity stood at USD 331.5 million at June 30; cash exceeded debt by USD 108.9 million.
Fleet and trading-book updates
Agreed to sell the 2009-built Supramax Bermondi; transaction is expected to close in Q3.
Completed the Cargill transaction with no pending trading-book transfers; CEO Gregory Zikos expects the remaining legacy positions cleared by year-end.
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