Euroseas Ltd. (ESEA) Reports Q3 Loss of $0.26

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

November 19, 2020 4:05 PM EST

ATHENS, Greece, Nov. 19, 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 nine-month period ended September 30, 2020.

Third Quarter 2020 Highlights:

Total net revenues of $12.3 million. Net income of $0.2 million; net income attributable to common shareholders (after a $0.2 million dividend on Series B Preferred Shares) of $0.03 million or $0.01 earnings per share basic and diluted. Adjusted net... More