Eagle Bulk Shipping Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 393.8 million compared to USD 719.85 million a year ago. Net income was USD 22.73 million compared to USD 248.01 million a year ago.

Basic earnings per share from continuing operations was USD 2.05 compared to USD 19.09 a year ago. Diluted earnings per share from continuing operations was USD 1.96 compared to USD 15.57 a year ago.