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

Q2 2023 Costamare Inc Earnings Call Transcript

Jul 28, 2023 / 12:30PM GMT
Release Date Price: ā‚¬8.5 (+0.12%)
Operator

Thank you for standing by, ladies and gentlemen, and welcome to the Costamare Inc. Conference Call on the Second 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, Friday, July 28, 2023. 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 second quarter of the year, the company generated net income of about $69 million as of quarter end liquidity was $1 billion. In the containership sector, the Charter market has been softening, although rates still remain at healthy levels. The order book, however, remains at risk or Threat to the market. For the Dry bulk side, our own

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