Euroseas Ltd. (ESEA) Tops Q2 EPS by 38c

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Euroseas Ltd. Reports Results for the Six-Month Period and Quarter Ended June 30, 2022

August 10, 2022 4:05 PM EDT

ATHENS, Greece, Aug. 10, 2022 (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 periods ended June 30, 2022.

Second Quarter 2022 Financial Highlights:

Total net revenues of $48.5 million. Net income and net income attributable to common shareholders of $30.7 million or $4.26 and $4.24 earnings per share basic and diluted, respectively. Adjusted net income attributable to common shareholders1 for the period was $29.6 million or $4.10 and... More