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.
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.
EuroDry (NASDAQ: EDRY) will release its financial results for the third quarter ended September 30, 2025 on November 13, 2025 before New York market opens.
The company will host a live conference call and webcast on Thursday, November 13, 2025 at 11:30 a.m. Eastern Time. Participants can dial 877 405 1226 (US toll-free) or +1 201 689 7823 and quote EuroDry or conference ID 13757175. A live and archived audio webcast and PDF slide presentation will be available on the company website, with the PDF posted 10 minutes prior to the call. Investors are asked to register for the webcast approximately 10 minutes before the start time.
EuroDry Ltd. (NASDAQ: EDRY) has announced the sale of its vessel M/V Eirini P., a 76,466 dwt Panamax bulk carrier built in 2004, to an unaffiliated third party for $8.5 million. The vessel delivery is expected in October 2025.
The sale is part of EuroDry's fleet renewal program and is expected to generate a gain of approximately $0.6 million, or $0.21 per share. Following the sale, EuroDry's fleet will consist of 11 dry bulk vessels with a total capacity of 766,420 dwt, plus two Ultramax vessels under construction scheduled for delivery in Q2 and Q3 2027.
EuroDry Ltd. (NASDAQ: EDRY), a drybulk vessel operator, reported financial results for Q2 and H1 2025, showing significant challenges in the market. The company posted a net loss of $3.1 million ($1.12 loss per share) in Q2 2025, with total net revenues of $11.3 million, down 35.3% from Q2 2024.
Key metrics include Adjusted EBITDA of $1.9 million for Q2 2025, operating an average of 12.0 vessels earning $10,428 per day, down 27.7% year-over-year. The company continued its share repurchase program, using $5.3 million to repurchase 334,674 shares. For H1 2025, total net revenues were $20.5 million with a net loss of $6.8 million.
The company sold M/V Tasos for demolition in March 2025 for approximately $5 million, resulting in a $2.1 million gain. Management noted some market recovery but indicated rates remained below fleet breakeven levels.
EuroDry Ltd. (NASDAQ: EDRY), a drybulk vessel operator and seaborne transportation provider, has scheduled its Q2 2025 financial results release for August 11, 2025, before the New York market opens.
The company will host a conference call and webcast on the same day at 10:00 a.m. Eastern Time. Participants can join via phone using US Toll-Free (877 405 1226) or International (+1 201 689 7823) numbers, or through the webcast available on the company's website. The presentation slides will be accessible on EuroDry's website approximately 10 minutes before the webcast.
EuroDry Ltd. (NASDAQ: EDRY), a drybulk vessel operator and seaborne transportation provider, held its Annual General Meeting of Shareholders on July 23, 2025. The meeting resulted in two key approvals: the re-election of George Taniskidis and Apostolos Tamvakakis as Class B Directors for a three-year term until 2028, and the appointment of Deloitte Certified Public Accountants, S.A. as the company's independent auditors for fiscal year 2025.