Safe Bulkers Q3: $17.8M Profit, $73.1M Revenue
Update: 2025-11-25
Description
Safe Bulkers Incorporated, a shipping company, reported a net income of $17.8 million for Q3, translating to a profit of $0.15 per share. After adjusting for non-recurring gains, earnings stood at $0.12 per share, indicating core operational performance. The company posted a total revenue of $73.1 million, but adjusted revenue was $65.7 million, providing a comprehensive view of their financial health and business activity.
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