Safe Bulkers: Q2 Earnings Snapshot

MONACO (AP) — MONACO (AP) — Safe Bulkers Inc. (SB) on Tuesday reported net income of $35.2 million in its second quarter.

The company said it had net income of 33 cents per share. Earnings, adjusted for non-recurring gains, were 28 cents per share.

The shipping company posted revenue of $87.5 million in the period. Its adjusted revenue was $83 million.

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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