Euroseas Ltd. (ESEA) Misses Q2 EPS by 40c

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Go back to Euroseas Ltd. (ESEA) Misses Q2 EPS by 40c

Euroseas Ltd. Reports Results for the Six-Month Period and Quarter Ended June 30, 2016

August 11, 2016 8:53 AM EDT

MAROUSSI, ATHENS, GREECE -- (Marketwired) -- 08/11/16 -- 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 and six month period ended June 30, 2016 as well as certain fleet updates.

Second Quarter 2016 Highlights:

Total net revenues of $7.3 million. Net loss of $19.2 million; net loss attributable to common shareholders (after a $0.4 million of dividend on Series B Preferred Shares) of $19.6 million or $2.42 loss per share basic and diluted. The... More