EuroDry's earnings have fallen into the red side of the ledger amid Covid-19's shock to dry bulk shipping markets.
The Aristides Pittas-led owner of seven bulkers posted a $2.65m loss for the quarter versus a profit of $397,198 a year earlier, due to the pandemic pushing down rates.
Adjusted loss, which excluded a $354,826 dividend on preferred shares, came in at $2.29m,
