Euroseas Ltd. (ESEA) Tops Q1 EPS by 12c, Revenues Miss

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Euroseas Ltd. Reports Results for the Quarter Ended March 31, 2021

May 25, 2021 4:05 PM EDT

ATHENS, Greece, May 25, 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 ended March 31, 2021.

First Quarter 2021 Financial Highlights:

Total net revenues of $14.3 million. Net income of $3.8 million; net income attributable to common shareholders (after a $0.1 million of dividend on Series B Preferred Shares and a $0.1 million of preferred deemed dividend arising out of the redemption of approximately $2 million of... More