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Safe Bulkers: 2Q Earnings Snapshot

MONACO (AP) _ Safe Bulkers Inc. (SB) on Tuesday reported second-quarter net income of $1.8 million.

The company said it had net income of 1 cent per share.

The shipping company posted revenue of $45.5 million in the period.

In the final minutes of trading on Tuesday, the company's shares hit $2.14. A year ago, they were trading at $2.79.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SB at https://www.zacks.com/ap/SB