Globus Maritime slumps as Q2 revenue falls short of expectations

Globus Maritime

28/09/2021 16:43

** Dry bulk shipping company's  GLBS.O  shares fall as much
as 11.61% to $2.96 
    ** Co's Q2 revenue of $6.61 million​ misses Refinitiv IBES
estimates of $8.10 million  urn:newsml:reuters.com:*:nGNX5ssr3g
    ** GLBS sees delays related to the pandemic, which is
affecting most of its operations, technical as well as
commercial - GLBS
    ** Co's Q2 vessel operating expenses, which include crew
costs, provisions, deck and engine stores, repairs, rise 51% to
$3 million 
    ** Stock down ~48% YTD, as of last close 

 (Reporting by Rithika Krishna in Bengaluru)
 ((Rithika.Krishna@thomsonreuters.com;))