Seanergy Maritime Holdings Corp. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2020
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Seanergy Maritime (SHIP) Misses Q3 EPS by 8c, Revenues Miss
November 18, 2020 9:17 AM ESTSeanergy Maritime (NASDAQ: SHIP) reported Q3 EPS of $0.04, $0.08 worse than the analyst estimate of $0.12. Revenue for the quarter came in at $15.8 million versus the consensus estimate of $19.94 million.
Highlights of the Third Quarter of 2020:
Net revenues after voyage expenses: $15.8 million in Q3 2020 compared to $15.9 million in Q3 2019Net Income: $3.6 million in Q3 2020, as compared to $0.7 million in Q3 2019EBITDA1: $12.7 million in Q3 2020, as compared to $9.8 million in Q3 2019Gain of $5.2 million from refinancing of a loan facility at a discountStamatis Tsantanis, the Companys... More
