Euroseas Ltd. (ESEA) Misses Q1 EPS by 14c

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Go back to Euroseas Ltd. (ESEA) Misses Q1 EPS by 14c

Euroseas Ltd. Reports Results for the Quarter Ended March 31, 2017

May 12, 2017 7:50 AM EDT

MAROUSSI, ATHENS, GREECE -- (Marketwired) -- 05/12/17 -- 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, 2017.

First Quarter 2017 Highlights:

Total net revenues of $8.3 million. Net loss of $2.2 million; net loss attributable to common shareholders (after a $0.4 million of dividend on Series B Preferred Shares) of $2.6 million or $0.24 loss per share basic and diluted. Adjusted net loss attributable to common shareholders(1) for the period... More