EuroDry has fallen closer to the red side of the ledger yet still outdid analysts' forecasts.
The Aristides Pittas-led spin-off of Euroseas posted $0.56m in net income for the fourth quarter, down from $1.28m a year earlier.
EuroDry was formed on 30 May 2018 when Euroseas' six dry bulk ships were separated from the fleet to allow Euroseas to become an 11-boxship pure player.
