Globus Maritime Limited will announce its quarterly financial results on November 29, 2024, after market close.
Quiver AI Summary
Globus Maritime Limited, a dry bulk shipping company based in Greece, announced that it will publish its financial results for the third quarter and nine-month period ending September 30, 2024, after the market closes on November 29, 2024. The company operates a fleet of nine dry bulk vessels, with a total carrying capacity of 652,432 Dwt and an average age of 7.4 years, transporting various dry bulk cargoes globally. The press release includes a Safe Harbor Statement cautioning investors about forward-looking statements, which may reflect the company's expectations but are subject to risks and uncertainties that could lead to actual results differing from projections. Further information can be obtained through their contact details provided.
Potential Positives
- Announcement of upcoming financial results could lead to increased investor interest and engagement.
- Globus Maritime Limited operates a modern fleet with an average age of 7.4 years, indicating a potentially efficient and reliable service capability.
- The company provides diversified marine transportation services for a variety of essential dry bulk cargoes, showcasing its integral role in global trade.
Potential Negatives
- The press release does not provide any financial figures or performance metrics, which could raise concerns among investors about the company's current financial health and performance compared to previous periods.
- The reliance on forward-looking statements without concrete data may indicate a lack of certainty in the company's future performance, potentially leading to investor skepticism.
- The absence of a robust risk disclosure could lead to misunderstandings regarding potential challenges the company may face, as stakeholders are advised to review SEC filings for detailed risk factors.
FAQ
When will Globus Maritime release its financial results?
Globus Maritime will release its financial results on November 29, 2024, after market close in New York.
What period do the upcoming financial results cover?
The upcoming financial results cover the three- and nine-month periods ended September 30, 2024.
What types of cargo does Globus Maritime transport?
Globus Maritime transports dry bulk cargoes including iron ore, coal, grain, steel products, cement, and alumina.
How old is Globus Maritime's fleet?
The weighted average age of Globus Maritime's fleet is 7.4 years as of November 27, 2024.
What is meant by forward-looking statements in the press release?
Forward-looking statements are predictions or expectations about future events that are subject to risks and uncertainties.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$GLBS Hedge Fund Activity
We have seen 4 institutional investors add shares of $GLBS stock to their portfolio, and 7 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ADVISOR RESOURCE COUNCIL removed 25,050 shares (-100.0%) from their portfolio in Q2 2024
- GROUP ONE TRADING, L.P. added 18,084 shares (+inf%) to their portfolio in Q2 2024
- CITADEL ADVISORS LLC removed 16,088 shares (-11.3%) from their portfolio in Q3 2024
- XTX TOPCO LTD removed 13,731 shares (-100.0%) from their portfolio in Q2 2024
- TWO SIGMA SECURITIES, LLC added 13,574 shares (+inf%) to their portfolio in Q3 2024
- EWA, LLC removed 11,236 shares (-100.0%) from their portfolio in Q3 2024
- RENAISSANCE TECHNOLOGIES LLC removed 10,199 shares (-100.0%) from their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
GLYFADA, Greece, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Globus Maritime Limited (“Globus” or the “Company”) (NASDAQ: GLBS), a dry bulk shipping company, announced today that it will release financial results for the three- and nine-months period ended September 30, 2024, after the market closes in New York on Friday, November 29, 2024.
About Globus Maritime Limited
Globus is an integrated dry bulk shipping company that provides marine transportation services worldwide. The Company’s operating fleet consists of nine dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina and other dry bulk cargoes internationally, with a total carrying capacity of 652,432 Dwt and a weighted average age of 7.4 years as at November 27, 2024.
Safe Harbor Statement
This communication contains “forward-looking statements” as defined under U.S. federal securities laws. Forward-looking statements provide the Company’s current expectations or forecasts of future events. Forward-looking statements include statements about the Company’s expectations, beliefs, plans, objectives, intentions, assumptions and other statements that are not historical facts or that are not present facts or conditions. Words or phrases such as “anticipate,” “believe,” “continue,” “estimate,” “expect,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “will” or similar words or phrases, or the negatives of those words or phrases, may identify forward-looking statements, but the absence of these words does not necessarily mean that a statement is not forward-looking. Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. The Company’s actual results could differ materially from those anticipated in forward-looking statements for many reasons specifically as described in the Company’s filings with the Securities and Exchange Commission. Accordingly, you should not unduly rely on these forward-looking statements, which speak only as of the date of this communication. Globus undertakes no obligation to publicly revise any forward-looking statement to reflect circumstances or events after the date of this communication or to reflect the occurrence of unanticipated events. You should, however, review the factors and risks Globus describes in the reports it files from time to time with the Securities and Exchange Commission.
For further information please contact:
| Globus Maritime Limited | +30 210 960 8300 |
| Athanasios Feidakis | a.g.feidakis@globusmaritime.gr |
| Capital Link – New York | +1 212 661 7566 |
| Nicolas Bornozis | globus@capitallink.com |