MONACO (AP) _ Costamare Inc. (CMRE) on Wednesday reported second-quarter earnings of $28.8 million.
On a per-share basis, the company said it had net income of 18 cents. Earnings, adjusted for non-recurring costs and amortization costs, came to 23 cents per share.
The shipping company posted revenue of $117 million in the period.
Costamare shares have risen 33% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $5.82, a fall of 18% in the last 12 months.