Euroseas Ltd. (ESEA) Tops Q1 EPS by 53c, Revenues Beat
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Euroseas Ltd. Reports Results for the Quarter Ended March 31, 2020
May 27, 2020 7:00 AM EDTMAROUSSI, ATHENS, Greece, May 27, 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-month period ended March 31, 2020.
First Quarter 2020 Financial Highlights:
Total net revenues of $15.4 million. Net income of $2.0 million; net income attributable to common shareholders (after a $0.2 million of dividend on Series B Preferred Shares) of $1.8 million or $0.32 per share basic and diluted. Adjusted net income attributable to common shareholders¹ for the period was... More