Dips as Q4 revenue disappoints

EuroDry

16/02/2021 23:05

** Shares of Greece-based ocean vessel owner  EDRY.O  fall
14.5% to $8.60 in extended trading, snaps three-day winning
streak
    ** Co's Q4 revenue falls 15.8% to $6.4 mln owing to lower
revenue performance from vessels; operating expenses rise due to
pandemic restrictions  urn:newsml:reuters.com:*:nGNX5cMrhP
    ** Posts Q4 adjusted loss per share of 34 cents; analysts
expected loss of 40 cents per share - Refinitiv data
    ** As of Thursday's close, stock nearly doubled YTD

 (Reporting by Eva Mathews in Bengaluru)
 ((eva.mathews@thomsonreuters.com))