The Latest Breaking News from Euroseas

Euroseas (NASDAQ:ESEA) reported lower first-quarter revenue but higher adjusted profitability as the container ship owner highlighted strong fleet utilization, substantial forward charter coverage and an expanded newbuilding program. Chairman and Chief Executive Officer Aristidis Pittas said the co

I have to confess that I get a tremendous kick out of all of the market forecasts that constantly flood across my desk. Just like everybody else, I subscribe to several market information and data services. My name has probably been sold to—I do not know—some days it seems like…

Euroseas Ltd. (NASDAQ:ESEA) reported fourth-quarter net revenue growth of 218% year-over-year to $38.25 million, beating the consensus of $37.4 million. Adjusted EPS improved to $3.17 from $(0.16) in 4Q20, missing the consensus of $3.23. Total operating expenses increased by 42.2% Y/Y to $14.38 million. Vessel operating expenses amounted to $8.3 million compared to…

  Euroseas (NASDAQ:ESEA) reported its Q4 earnings results on Tuesday, February 15, 2022 at 08:30 AM. Here's what investors need to know about the announcement.

Euroseas Ltd. (NASDAQ:ESEA) entered into a new time charter contract for its 2004 built M/V "EM Astoria," vessel for an average daily rate of about $45,000 for the duration of the charter. The new charter will commence in February 2022. The time charter contract is for a minimum of thirty-six and a maximum…