Globus Maritime ($GLBS) Shares Drop 5.8% After Q1 2025 Results Disappoint

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Shares of Globus Maritime (GLBS) are down 5.8% following the release of its Q1 2025 financial results after market close.

Revenue rose 11.55% year-over-year to $8.6 million but fell short of the $12 million estimate.

The company reported a loss of $0.07 per share, wider than the expected loss of $0.03 and a decline from the $0.01 loss per share posted the previous year.