EuroDry Ltd. reports Q3 net revenues of $14.4 million and net loss of $0.7 million

Reuters11-13
<a href="https://laohu8.com/S/EDRY">EuroDry Ltd.</a> reports Q3 net revenues of $14.4 million and net loss of $0.7 million

EuroDry Ltd. reported net revenues of $14.4 million for the third quarter of 2025. The company posted a net loss attributable to controlling shareholders of $0.7 million, or $0.24 per share, and an adjusted net loss of $0.6 million, or $0.23 per share. Adjusted EBITDA for the period was $4.1 million. During the quarter, EuroDry sold the vessel MV Eirini P for $8.5 million, with delivery to new owners completed on October 21, 2025. The company has repurchased 334,674 shares for $5.3 million since the initiation of its share repurchase plan in August 2022, and the Board of Directors has extended the program for an additional year. Fixed rate coverage for the remainder of 2025 stands at approximately 44.6%, excluding ships on index charters.

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