Star Bulk Carriers Reports Q4 Profit of $42.4 Million
Star Bulk Carriers Corp. (SBLK) announced a profit of $42.4 million for the fourth quarter of 2023. The Athens, Greece-based shipping company reported earnings per share of 36 cents and adjusted earnings per share of 34 cents. Revenue for the quarter reached $308.9 million.
For the full year, Star Bulk posted a profit of $304.7 million, or $2.80 per share, and revenue of $1.27 billion.