Euroseas Ltd. (ESEA) Tops Q2 EPS by 36c, Revenues Beat

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Euroseas Ltd. Reports Results for the Six-Month Period and Quarter Ended June 30, 2020

August 11, 2020 4:05 PM EDT

ATHENS, Greece, Aug. 11, 2020 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the Company or Euroseas), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today its results for the three and six month period ended June 30, 2020.

Second Quarter 2020 Financial Highlights:

Total net revenues of $13.5 million. Net income of $1.3 million and net income attributable to common shareholders (after a $0.2 million dividend on Series B Preferred Shares) of $1.1 million or $0.20 earnings per share basic and diluted. Adjusted net income attributable to common... More