EuroDry Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was USD 20.97 million compared to USD 14.09 million a year ago. Net income was USD 10.62 million compared to USD 2.22 million a year ago. Basic earnings per share from continuing operations was USD 3.66 compared to USD 0.83 a year ago. Diluted earnings per share from continuing operations was USD 3.61 compared to USD 0.81 a year ago.
For the six months, revenue was USD 39.25 million compared to USD 22.67 million a year ago. Net income was USD 21.11 million compared to USD 3.08 million a year ago. Basic earnings per share from continuing operations was USD 7.35 compared to USD 1.03 a year ago. Diluted earnings per share from continuing operations was USD 7.25 compared to USD 1.01 a year ago.