Costamare Inc. reports Q3 net income of $92.6 million

Reuters11-04
<a href="https://laohu8.com/S/CMRE">Costamare</a> Inc. reports Q3 net income of $92.6 million

Costamare Inc. reported net income from continuing operations available to common stockholders of $92.6 million ($0.77 per share) for the third quarter of 2025. As of the end of the quarter, the company's liquidity stood at $569.6 million. The financial results reflect the spin-off of Costamare's dry bulk business, with related results presented as discontinued operations. During the period, Costamare concluded two additional newbuilding contracts for 3,100 TEU containerships, bringing the total to six vessels, all scheduled for delivery in the first quarter of 2028 and each to commence an 8-year charter upon delivery. The company has fully fixed its containership fleet for 2025 and 80% for 2026, resulting in an increase in contracted revenues exceeding $310 million. Additionally, Costamare declared dividends on its Series B, C, and D Preferred Stock, paid in October 2025.

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