Costamare Inc (STU:LCM)
ā‚¬ 13.48 0.04 (0.3%) Market Cap: 1.59 Bil Enterprise Value: 3.16 Bil PE Ratio: 5.62 PB Ratio: 0.70 GF Score: 89/100

Q4 2023 Costamare Inc Earnings Call Transcript

Feb 07, 2024 / 01:30PM GMT
Release Date Price: ā‚¬10.14 (+4.75%)
Operator

Thank you for standing by, ladies and gentlemen, and welcome to the Costamare Inc. conference call on the fourth quarter 2023 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, February 7, 2024.

We would like to remind you that this conference call contains forward-looking statements. Please take a moment to read slide number 2, of the presentation, which contains the forward-looking statements.

And I will now pass the floor to your speaker, Mr. Zikos. Please go ahead, sir.

Gregory Zikos
Costamare Inc - CFO & Director

Thank you, Ed. Good morning, ladies and gentlemen. 2023 has been a growth year for customer. The company had revenues of $1.5 billion and generated net income of about $350 million. Liquidity stood at around $1 billion as of year-end, following our strategic decision in 2021 to enter into the dry bulk sector at an opportunity in the cycle.

We have grown during 2023, our

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 investorsā€™ 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