Oct 28, 2020 / 12:30PM GMT
Operator
Thank you for standing by, ladies and gentlemen, and welcome to the Costamare Inc. Conference Call on the Third Quarter 2020 Financial Results. We have with us Mr. Gregory Zikos, Chief Financial Officer of the company. (Operator Instructions) I must advise you that this conference is being recorded today, Wednesday, October 28, 2020.
We would like to remind you that this conference call contains forward-looking statements. Please take a moment to read Slide #2 of the presentation, which contains the forward-looking statements.
And I will now pass the floor to your speaker today, Mr. Zikos. Please go ahead, sir.
Gregory G. Zikos - Costamare Inc. - CFO & Director
Thank you, and good morning, ladies and gentlemen. During the third quarter, the company continued its profitability. As part of our fleet renewal program, we sold for demolition 2 vessels with an average age of 23 years, and we agreed to acquire 3 larger secondhand ships, on average 11 years younger. The new acquisitions will be initially funded with equity. Meanwhile, our
Q3 2020 Costamare Inc Earnings Call Transcript
Feb 10, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers