SBLK Q2 2023 Earnings — Star Bulk Carriers Corp. Revenue & Financial Results | Market Cap Arena

SBLKStar Bulk Carriers Corp.

$3B

Q2 2023 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$239M-42.8% YoY

Gross Profit

$100M42.0% margin

Operating Income

$57M24.1% margin

Net Income

$44M18.6% margin

EPS (Diluted)

$0.43

QoQ Revenue Growth

+6.5%

Cash Flow

Operating Cash Flow

$97M

Free Cash Flow

$94M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$3.3B

Total Liabilities

$1.3B

Stockholders' Equity

$2.0B

Cash & Equivalents

$285M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$239M	$417M	-42.8%
Gross Profit	$100M	$267M	-62.4%
Operating Income	$57M	$212M	-73.0%
Net Income	$44M	$200M	-77.9%