Seanergy Maritime (SHIP) Tops Q4 EPS by 8c, Revenues Miss

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Seanergy Maritime Holdings Corp. Reports Financial Results for the Fourth Quarter and Twelve Months Ended December 31, 2019

February 13, 2020 8:00 AM EST

Highlights of the Fourth Quarter of 2019:

Net revenues: $27.8 million in Q4 2019, compared to $27.0 million in Q4 2018Net Income: $3.1 million in Q4 2019, as compared to a net loss of $3.2 million in Q4 2018EBITDA1: $11.9 million in Q4 2019, up by 102% from $5.9 million in Q4 2018TCE1: $22,935 in Q4 2019, as compared to $15,312 in Q4 2018

Highlights of Full Year 2019:

Net revenues: $86.5 million in 2019, compared to $91.5 million in 2018Net Loss:... More