Seanergy Maritime Holdings Corp. Reports Financial Results for the Fourth Quarter and Twelve Months Ended December 31, 2019
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Seanergy Maritime (SHIP) Tops Q4 EPS by 8c, Revenues Miss
February 13, 2020 8:04 AM ESTSeanergy Maritime (NASDAQ: SHIP) reported Q4 EPS of $0.12, $0.08 better than the analyst estimate of $0.04. Revenue for the quarter came in at $27.8 million versus the consensus estimate of $34.76 million.
Highlights of the Fourth Quarter of 2019:
Net revenues: $27.8 million in Q4 2019, compared to $27.0 million in Q4 2018Net Income: $3.1 million in Q4 2019, as compared to a net loss of $3.2 million in Q4 2018EBITDA1: $11.9 million in Q4 2019, up by 102% from $5.9 million in Q4 2018TCE1: $22,935 in Q4 2019, as compared to $15,312 in Q4 2018Stamatis Tsantanis, the Companys Chairman and Chief Executive... More

