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EuroDry Reports Q3 Earnings, Announces Debt Financing Arrangements for Ultramax Newbuildings
ByAinvest
Thursday, Nov 13, 2025 9:02 am ET1min read
EuroDry Ltd. reported Q3 2025 net revenues of $14.4 million and a net loss of $0.7 million. Adjusted EBITDA was $4.1 million. For the nine months ended September 30, 2025, total net revenues were $34.9 million, and net loss was $7.4 million. The company has used $5.3 million to repurchase 334,674 shares under its share repurchase plan and has signed a term sheet with Eurobank S.A. to refinance a loan and partly finance the construction of Hull No XY166.
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