SBLK Q3 2023 Earnings — Star Bulk Carriers Corp. Revenue & Financial Results | Market Cap Arena

SBLKStar Bulk Carriers Corp.

$3B

Q3 2023 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$223M-38.7% YoY

Gross Profit

$90M40.2% margin

Operating Income

$62M28.0% margin

Net Income

$44M19.6% margin

EPS (Diluted)

$0.43

QoQ Revenue Growth

-6.5%

Cash Flow

Operating Cash Flow

$67M

Free Cash Flow

$63M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$3.2B

Total Liabilities

$1.4B

Stockholders' Equity

$1.8B

Cash & Equivalents

$288M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$223M	$364M	-38.7%
Gross Profit	$90M	$179M	-50.0%
Operating Income	$62M	$124M	-49.7%
Net Income	$44M	$110M	-60.2%