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EuroDry beats Wall Street estimates in first results after spin-off

EuroDry, the newly spun-off dry bulk owner that was formerly part of Nasdaq-listed Euroseas, has posted a higher-than-expected profit in its first results since becoming a standalone company. The Aristides Pittas-led company is expecting to build on this in the next couple of quarters and is eyeing growth opportunities, be they single-vessel acquisitions or possible mergers with other dry bulk fleets

Greek owner of six bulkers says it’s still an ‘opportune’ time to grow

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