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EuroDry Reports Increased Losses Amid Revenue Decline

Story Highlights
  • EuroDry Ltd. operates in the dry bulk shipping industry, focusing on time charter services.
  • For the first half of 2025, EuroDry reported a significant net loss increase to $7.1 million.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
EuroDry Reports Increased Losses Amid Revenue Decline

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EuroDry ( (EDRY) ) has shared an announcement.

EuroDry Ltd. reported its financial results for the six months ended June 30, 2025, revealing a significant decrease in time charter revenue compared to the same period in 2024. The company experienced a net loss of $7.1 million, a substantial increase from the previous year’s loss of $2.2 million. Despite a net gain from the sale of a vessel, operating income turned negative, and cash flow from operating activities decreased sharply. These results indicate financial challenges for EuroDry, potentially impacting its market position and stakeholders.

The most recent analyst rating on (EDRY) stock is a Hold with a $10.50 price target. To see the full list of analyst forecasts on EuroDry stock, see the EDRY Stock Forecast page.

Spark’s Take on EDRY Stock

According to Spark, TipRanks’ AI Analyst, EDRY is a Neutral.

EuroDry’s overall stock score is primarily impacted by its financial performance, which is under pressure due to negative net income and strained cash flows. Technical analysis provides some positive signals with short-term bullish momentum, but valuation remains a concern due to negative earnings and no dividend yield. The earnings call reflects ongoing challenges, though the company is making efforts to address liquidity and operational issues.

To see Spark’s full report on EDRY stock, click here.

More about EuroDry

EuroDry Ltd. operates in the shipping industry, focusing on the transportation of dry bulk cargoes. The company provides services primarily through time charter agreements and is based in Maroussi, Greece.

Average Trading Volume: 3,871

Technical Sentiment Signal: Buy

Current Market Cap: $34.93M

See more insights into EDRY stock on TipRanks’ Stock Analysis page.

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