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Euroseas Ltd. (ESEA) Misses Q4 EPS by 19c

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Euroseas Ltd. Reports Results for the Year and Quarter Ended December 31, 2020

February 24, 2021 4:05 PM EST

ATHENS, Greece, Feb. 24, 2021 (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-month period and full year ended December 31, 2020.

Full Year 2020 Highlights:

Total net revenues of $53.3 million. Net income of $4.0 million; net income attributable to common shareholders (after a $0.7 million dividend on Series B Preferred Shares) of $3.3 million or $0.58 earnings per share basic and diluted. Adjusted net loss attributable to common... More