India, June 17 -- Safe Bulkers Inc. (SB) released earnings for its first quarter that Increases, from last year
The company's earnings totaled $20.20 million, or $0.20 per share. This compares with $5.24 million, or $0.05 per share, last year.
Excluding items, Safe Bulkers Inc. reported adjusted earnings of $18.73 million or $0.18 per share for the period.
The company's revenue for the period rose 15.6% to $74.39 million from $64.34 million last year.
Safe Bulkers Inc. earnings at a glance (GAAP) :
-Earnings: $20.20 Mln. vs. $5.24 Mln. last year.-EPS: $0.20 vs. $0.05 last year.-Revenue: $74.39 Mln vs. $64.34 Mln last year.
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