FreeSeas (FREE) Reports Mixed Q1 Results

May 28, 2009 8:33 AM EDT

FreeSeas Inc. (Nasdaq: FREE) reports Q1 EPS of $0.29, 4 cents better than the analyst estimate of $0.25 and compared to $0.01 in the same quarter last year. Revenue for the quarter was $17.6 million, versus the consensus of $17.93 million.


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