Star Bulk Carriers Corp. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was USD 224.04 million compared to USD 360.88 million a year ago.

Net income was USD 45.88 million compared to USD 170.36 million a year ago. Basic earnings per share from continuing operations was USD 0.45 compared to USD 1.67 a year ago. Diluted earnings per share from continuing operations was USD 0.44 compared to USD 1.67 a year ago.