ATHENS, Greece (AP) _ Star Bulk Carriers Corp. (SBLK) on Wednesday reported earnings of $5.8 million in its third quarter.
On a per-share basis, the Athens, Greece-based company said it had profit of 6 cents. Earnings, adjusted for non-recurring costs, were 18 cents per share.
The shipping company posted revenue of $248.4 million in the period.
Star Bulk Carriers shares have risen 10% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $10.05, a climb of 23% in the last 12 months.