Seanergy Maritime Holdings Corp. Reports Financial Results for the First Quarter Ended March 31, 2020

Go back to Seanergy Maritime Holdings Corp. Reports Financial Results for the First Quarter Ended March 31, 2020

Seanergy Maritime (SHIP) Misses Q1 EPS by 4c, Revenues Miss

June 25, 2020 4:32 PM EDT

Seanergy Maritime (NASDAQ: SHIP) reported Q1 EPS of ($0.31), $0.04 worse than the analyst estimate of ($0.27). Revenue for the quarter came in at $13.3 million versus the consensus estimate of $23.13 million.

Stamatis Tsantanis, the Companys Chairman & Chief Executive Officer, stated:

During the first quarter of 2020, the COVID-19 pandemic presented unprecedented challenges for societies, governments and businesses across the world. Under these circumstances, our main priority was the health and safety of our seagoing and office personnel. In addition, we ensured the smooth and uninterrupted commercial operations of our vessels and we successfully executed on... More