MONACO (AP) — MONACO (AP) — Safe Bulkers Inc. (SB) on Wednesday reported net income of $19.3 million in its first quarter.
The company said it had net income of 15 cents per share. Earnings, adjusted for non-recurring gains, were 10 cents per share.
The shipping company posted revenue of $66.8 million in the period. Its adjusted revenue was $60.9 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SB at https://www.zacks.com/ap/SB
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