logo
ESEA_ship
Containership rates reached all-time highs for most vessel segments during March of 2022, stayed near those levels through August, but since the beginning of September 2022 have started declining, dropping almost 80% until the beginning of November. Still, present charter rates are, for the segments we operate, more than double the average rates during 2019, the year before the pandemic

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

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 nine-month periods ended September 30, 2022.

By Euroseas
Published - Nov 14, 2022, 07:34 AM ET
Last Updated - Apr 25, 2024, 11:39 AM EDT

ATHENS, Greece, Nov. 14, 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 nine-month periods ended September 30, 2022.

Third Quarter 2022 Financial Highlights:

  •  Total net revenues of $46.0 million. Net income and net income attributable to common shareholders of $25.2 million or $3.50 earnings per share basic and diluted. Adjusted net income attributable to common shareholders1 for the period was $20.9 million or $2.90 per share basic and diluted.

    • Article Source
    Quick Links
    Categories
    Our Offices
    • 10kInfo, Inc.
      13555 SE 36th St
      Bellevue, WA 98006
    • 10kInfo Data Solutions, Pvt Ltd.
      Claywork Create
      11 km, Arakere Bannerghatta Rd, Omkar Nagar, Arekere,
      Bengaluru, Karnataka 560076
    4.2 12182024