EuroDry Reports Q3 Earnings, Announces Debt Financing Arrangements for Ultramax Newbuildings

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.