Euroseas Ltd. (ESEA) Tops Q1 EPS by 1c

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Euroseas Ltd. Reports Results for the Quarter Ended March 31, 2015

May 20, 2015 4:03 PM EDT

MAROUSSI, ATHENS, GREECE -- (Marketwired) -- 05/20/15 -- Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced today its results for the three month period ended March 31, 2015.

First Quarter 2015 Highlights:

Total net revenues of $8.2 million. Net loss of $5.4 million; net loss attributable to common shareholders (after a $0.4 million of dividend on Series B Preferred Shares) of $5.8 million or $0.10 loss per share basic and diluted. Adjusted net loss attributable to common shareholders(1) for the period... More