Globus Maritime (GLBS) stock was down 5.83% in After-Hours trading, falling to $1.61 from the previous day’s close of $1.71.
The decline followed the company’s announcement of its Q1 2025 financial results after market close.
Globus Maritime reported revenue of $8.6 million, which missed estimates of $12 million but showed an 11.55% increase from $7.71 million a year earlier.
The company posted a loss of $0.07 per share, wider than the expected loss of $0.03 and compared to a loss of $0.01 per share in the prior year.