MONACO (AP) 鈥� MONACO (AP) 鈥� Safe Bulkers Inc. (SB) on Wednesday reported earnings of $22.2 million in its first quarter.
On a per-share basis, the company said it had net income of 20 cents. Earnings, adjusted for non-recurring gains, were 18 cents per share.
The shipping company posted revenue of $74.4 million in the period. Its adjusted revenue was $69.2 million.
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