Welcome to our dedicated page for Eurodry news (Ticker: EDRY), a resource for investors and traders seeking the latest updates and insights on Eurodry stock.
EuroDry Ltd. reports on its drybulk shipping business as an owner and operator of vessels that carry seaborne drybulk cargoes. Company news commonly covers quarterly results, time charter equivalent rates, vessel employment on spot and period charters, pool agreements, and drybulk market conditions for Panamax, Ultramax, Kamsarmax and Supramax carriers.
Updates also address fleet renewal, vessel sales, debt financing for newbuildings, share repurchases, annual meeting results and the affiliated ship managers responsible for commercial and technical operations. EuroDry was formed in the Marshall Islands in 2018 to separate the drybulk fleet of Euroseas Ltd. into a listed public company on the Nasdaq Capital Market.
High-Trend International Group (Nasdaq: HTCO) highlighted a strengthening dry bulk shipping environment, citing the Baltic Dry Index at 2,732 on July 31, 2026, up approximately 9.2% in July. Capesize and Panamax segments improved, while Supramax conditions remained comparatively weaker amid ongoing geopolitical-related route disruptions and cost pressures.
For the six months ended April 30, 2026, HTCO reported revenue of $137.5 million, up 38.3% year over year, with Total Voyage Days rising 37.4% to 4,698 and Average Charge Per Day edging up 0.7% to $29,149. Management plans to focus on disciplined risk management and optimizing shipping cash flows.
According to Lloyd's List and Bloomberg data cited by HTCO, selected U.S.-listed dry bulk stocks with market caps above $300 million gained about 37% year to date and 91% over 12 months, while EuroDry’s year-to-date total return reached roughly 106.6%, indicating renewed investor interest in parts of the sector.
EuroDry (NASDAQ: EDRY) reported strong results for Q2 and the first half of 2026, driven by sharply higher drybulk charter rates. Q2 2026 net revenues rose 57% year-over-year to $17.7 million, with net income attributable to controlling shareholders of $6.6 million and basic EPS of $2.36. Adjusted EBITDA reached $11.7 million. The fleet averaged 11 vessels at a time charter equivalent rate of $20,398/day, 95.6% higher than a year earlier.
For H1 2026, net revenues were $30.5 million, up 48.8% versus H1 2025, with net income attributable to controlling shareholders of $6.8 million and basic EPS of $2.45. H1 adjusted EBITDA was $16.6 million. The company has used about $5.8 million to repurchase 358,130 shares under its up-to-$10 million buyback, and had $98.1 million of debt and $31.3 million of cash as of June 30, 2026. EuroDry also signed a term sheet with Alpha Bank to refinance M/V Ekaterini with a loan of up to $19 million.
EuroDry (NASDAQ: EDRY) will release its financial results for the second quarter ended June 30, 2026 on August 6, 2026, before the New York market opens. Management will host a conference call and live webcast the same day at 9:30 a.m. Eastern Time to discuss the results.
Investors can join the call by dialing 800-717-1738 (US toll-free) or +1 646-307-1865 (US/International) and quoting “EuroDry” or conference ID 13762074, or by using a “call me” registration option. A live and archived audio webcast and accompanying PDF slide presentation will be available about 10 minutes before the start on www.eurodry.gr under Investor Relations > Company Presentations.
EuroDry (NASDAQ: EDRY) reported the results of its Annual General Meeting of Shareholders held on July 23, 2026, in Washington, DC. Shareholders re-elected Mr. Aristides J. Pittas, Mr. Anastasios Aslidis, and Mr. Aristides P. Pittas as Class C Directors to three-year terms expiring at the 2029 AGM, and approved Deloitte Certified Public Accountants, S.A. as independent auditors for the fiscal year ending December 31, 2026.
EuroDry operates drybulk vessels in the seaborne transportation market, managed by affiliated companies Eurobulk Ltd. and Eurobulk (Far East) Ltd. It employs its fleet on spot and period charters, with current total cargo capacity of 766,420 dwt and planned fleet expansion to 15 vessels and 1,050,420 dwt by 2028.
EuroDry (NASDAQ:EDRY) scheduled its Annual Meeting of shareholders for July 23, 2026, at 11:30 a.m. at Seward & Kissel LLP, 1901 L Street, NW, Suite 700, Washington, DC 20036.
Shareholders of record on June 16, 2026 may vote. Proxy materials and the 2025 Form 20-F are available online and by free hard-copy request.
EuroDry (NASDAQ: EDRY) reported Q1 2026 net revenues of $12.8 million, up 38.9% year-over-year, and net income attributable to controlling shareholders of $0.3 million, or $0.09 EPS. Adjusted EPS was $0.12 and Adjusted EBITDA reached $4.9 million, versus $(1.0) million a year earlier.
An average of 11 vessels earned a TCE of $14,416/day, up 101.1% year-over-year, with fleet utilization at 99.7%. Vessel operating expenses were $5.5 million. Debt stood at $100.9 million against cash of about $24.9 million. The company ordered two 82,000 DWT eco Kamsarmax newbuilds for delivery in 2028, totaling approximately $74 million, to be funded with debt and equity. EuroDry has repurchased 349,330 shares for about $5.6 million under its up to $10 million buyback plan.
EuroDry (NASDAQ:EDRY) will release its first quarter 2026 financial results, for the period ended March 31, 2026, on May 20, 2026 before the New York market opens.
Management will host a conference call and live webcast at 9:00 a.m. Eastern Time the same day, with an archived audio file and slide presentation later available on the company’s website.
EuroDry (NASDAQ: EDRY) reported Q4 2025 net revenues of $17.4 million and net income attributable to controlling shareholders of $3.2 million ($1.14 per share). Adjusted EBITDA for Q4 was $7.5 million. Full-year 2025 revenues were $52.3 million with a net loss attributable to controlling shareholders of $4.3 million (-$1.55 per share). The company repurchased 334,674 shares for ~$5.3 million and ended 2025 with $25.7 million cash and $103.7 million debt.
Fleet average TCEs rose to $16,262/day in Q4 2025 and management signaled a shift toward longer charters amid stronger rates.
EuroDry Ltd. (NASDAQ: EDRY) will release fourth quarter results for the period ended December 31, 2025 on Thursday, February 19, 2026 after U.S. market close. Management will host a conference call and live webcast on Friday, February 20, 2026 at 8:00 a.m. ET.
Dial-in and international access details, a conference ID, and a 'call me' registration option are provided. The slide presentation will be posted as a PDF about 10 minutes before the webcast and an archived audio file and slides will be available on the company website www.eurodry.gr.
EuroDry (NASDAQ: EDRY) reported Q3 2025 total net revenues of $14.4M and a net loss attributable to controlling shareholders of $0.7M (loss of $0.24 per share). Adjusted EBITDA for Q3 was $4.1M. For the nine months ended Sept 30, 2025, total net revenues were $34.9M with a net loss attributable to controlling shareholders of $7.4M (adjusted loss per share $3.39). The company completed vessel sales and signed financing term sheets totaling up to $39.5M (Eurobank) and a $26.9M loan (Crediabank), and reported $11.9M cash and $97.9M outstanding debt as of Sept 30, 2025.