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Stock impact report

Euroseas Ltd. Reports Results for the Nine-Month Period and Quarter Ended September 30, 2024, Declares Quarterly Dividend and Announces Order for the Construction of Two Fuel-Efficient 4,3...

Euroseas Ltd. (ESEA) 
Last euroseas ltd. earnings: 2/19 09:05 am Check Earnings Report
US:NASDAQ Investor Relations: euroseas.gr
Company Research Source: Yahoo! Finance
carrier vessels and provider of seaborne transportation for containerized cargoes, announced today its results for the three and nine-month periods ended September 30, 2024. Third Quarter 2024 Financial Highlights: Total net revenues of $54.1 million. Net income of $27.6 million or $3.97 and $3.95 earnings per share basic and diluted, respectively. Adjusted net income for the period was $27.4 million or $3.94 and $3.92 per share basic and diluted. Adjusted EBITDA was $36.1 million. An average of 23.0 vessels were owned and operated during the third quarter of 2024 earning an average time charter equivalent rate of $26,446 per day. Declared a quarterly dividend of $0.60 per share for the third quarter of 2024 payable on or about December 17, 2024 to shareholders of record on December 9, 2024 as part of the Company's common stock dividend plan. As of November 20, 2024 we had repurchased 414,367 of our common stock in the open market for a total of about $8.8 million, under o Show less Read more
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