Euroseas

Euroseas Ltd. is a holding company, which engages in the provision of ocean-going transportation services. It operates containerships that transport dry and refrigerated containerized cargoes, mainly including manufactured products, and perishables. The company also owns drybulk carriers that transport major bulks such as iron ore, coal and grains, and minor bulks such as bauxite, phosphate and fertilizers. Euroseas was founded on May 5, 2005 and is headquartered in Athens, Greece.

Earnings data Q4 2020

Earnings data Q1 2021

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Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Euroseas reports strong Q4 earnings amidst market challenges and opportunities

Euroseas delivered a robust performance in Q4 2022, driven by strong financial results and strategic initiatives like fleet expansion and asset optimization.
While facing challenges from market dynamics and global uncertainties, the company's proactive approach to debt management and focus on shareholder value creation position it for long-term success.
By navigating market challenges, capitalizing on growth opportunities, and maintaining financial discipline, Euroseas aims to sustain its competitive position and drive value for stakeholders.

Euroseas reports robust Q1 earnings amidst market opportunities and challenges

Euroseas delivered a strong Q1 2023 performance with solid financial results and shareholder returns, reflecting operational excellence and market positioning.
While facing challenges such as operational complexities and legal issues, the company has opportunities to drive growth through strategic initiatives and market trends.
Investors should monitor Euroseas' ability to navigate challenges, capitalize on opportunities, and sustain its financial performance and shareholder value in the dynamic shipping industry.

Euroseas reports strong Q2 earnings, plans fleet expansion and acquisitions

Euroseas delivered robust financial results, declared dividends, and expanded its fleet, showcasing operational strength and strategic growth.
While facing challenges such as debt assumption and arbitration losses, the company's focus on sustainability and shareholder value creation remains strong.
Opportunities lie in building cash reserves, share repurchases, and fleet expansion, positioning Euroseas for future growth and market leadership.
Overall, Euroseas' performance reflects resilience in a dynamic market environment, with a strategic focus on sustainable growth and shareholder returns.

Euroseas reports robust Q3 earnings amidst market challenges and opportunities

Euroseas delivered strong financial performance in Q3 2023, supported by substantial dividends and operational expansions, despite challenges in charter rates and global economic uncertainties.
With a focus on maintaining financial resilience, efficient operations, and shareholder value, Euroseas navigates market headwinds while exploring opportunities for revenue growth and capital appreciation.
The company's strategic approach to balancing dividends, buybacks, and fleet expansion positions it to weather industry challenges and leverage potential opportunities for future growth.

Euroseas (ESEA) posts robust Q4 earnings, eyes growth amid market disruptions

Euroseas (ESEA) reported strong financials, dividend increase, and operational updates in Q4 2023. Despite market challenges, the company's fleet expansion and charter coverage provide a solid foundation for growth. Strategic investments and market insights position Euroseas well for future opportunities.

Euroseas reports strong Q1 earnings, eyes growth amid market trends

Euroseas delivered a strong financial performance in Q1 2024, supported by operational efficiency and robust fleet utilization rates.
While facing challenges from market uncertainties and debt management, the company's strategic strengths lie in dividend consistency, fleet optimization, and growth opportunities.
By leveraging market trends, optimizing its fleet, and maintaining financial discipline, Euroseas is poised to capitalize on opportunities for revenue growth and shareholder value appreciation.

Euroseas excels in Q2 2024 earnings, poised for strategic growth

Euroseas delivered a robust financial performance in Q2 2024, supported by strong revenues, net income, and dividend yield, reflecting a well-managed operation.
The company's fleet profile, forward charter coverage, and capital allocation strategy position it well for growth and value creation in a positive market environment.
While facing challenges such as debt management and market dynamics, Euroseas can capitalize on opportunities through strategic investments and adaptation to industry trends.

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Euroseas Ltd. (ESEA) was a big mover last session on higher-than-average trading volume.

Strength Seen in Euroseas Ltd. (ESEA): Can Its 7.7% Jump Turn into More Strength?

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ATHENS, Greece, April 12, 2021 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container vessels and provider of seaborne transportation for containerized cargoes, announced today a new time charter contract for its container vessel M/V “Joanna”. Specifically:

Euroseas Ltd. Announces New Charter For One Of Its Vessels, M/V “Joanna”

As of late, it has definitely been a great time to be an investor in Euroseas Ltd. (ESEA).

Euroseas' (ESEA) Shares March Higher, Can It Continue?

Euroseas Ltd. (ESEA) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Euroseas Ltd. (ESEA) Upgraded to Buy: What Does It Mean for the Stock?

The stock price of Euroseas Ltd. (NASDAQ: ESEA) increased by 27.77% on March 19.

ESEA Stock Price Increased 27.77%: Why It Happened

ATHENS, Greece, March 17, 2021 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container vessels and provider of seaborne transportation for containerized cargoes, announced today the extension of the charter of its container vessels M/V “EM Kea” and a new time charter contract for its container vessel M/V “Synergy Busan”. Specifically:

Euroseas Ltd. Announces New Charters for Two of Its Vessels, M/V “Synergy Busan” and M/V “EM Kea”

Euroseas Ltd. (ESEA) witnessed a jump in share price last session on above-average trading volume.

Strength Seen in Euroseas Ltd. (ESEA): Can Its 15.1% Jump Turn into More Strength?

ATHENS, Greece, March 15, 2021 (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 that Dr. Tasos Aslidis, Chief Financial Officer of the Company has been invited to present at the Inaugural Emerging Growth Virtual Conference, presented by M-Vest LLC and Maxim Group LLC. The conference will take place during March 17-19, 2021 from 9:00 am - 5:00 pm EDT featuring roundtable discussions with C-suite executives moderated by Maxim Research Analysts, fireside chats with live Q&A, and presentations from hundreds of issuers both domestically and internationally. Dr. Aslidis will also participate in a panel discussion with shipping company executives on March 18, 2021 at 10:00 am EDT. The Company presentation and the live panel discussion can be accessed via the conference web link below.

Euroseas Ltd. to Participate in M-Vest LLC and Maxim Group LLC Inaugural Emerging Growth Virtual Conference

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Euroseas Ltd (ESEA) CEO Aristides Pittas on Q4 2020 Results - Earnings Call Transcript

ATHENS, Greece, Feb. 24, 2021 (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 and full year ended December 31, 2020.

Euroseas Ltd. Reports Results for the Year and Quarter Ended December 31, 2020

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ATHENS, Greece, Feb. 19, 2021 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today that it will release its financial results for the fourth quarter ended December 31, 2020 on Wednesday, February 24, 2021 after market closes in New York.

Euroseas Ltd. Sets Date for the Release of Fourth Quarter 2020 Results Conference Call and Webcast

ATHENS, Greece, Jan. 19, 2021 (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 that Tasos Aslidis, Chief Financial Officer will present at Noble Capital Markets' Seventeen Annual Investor Virtual Conference on Wednesday, January 20, 2021 at 5:15 pm EST.

Euroseas Ltd. to Present at NobleCon 17 Investor Conference

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ATHENS, Greece, Dec. 21, 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 the extension of the charter of its container vessel M/V “Synergy Antwerp”. Specifically:

Euroseas Ltd. Announces New Charter for its M/V “Synergy Antwerp”

ATHENS, Greece, Nov. 30, 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 the extension of the charter of its container vessels M/V “EM Astoria” and new time charter contracts for its container vessels M/V “Evridiki G” and M/V “Aegean Express”. Specifically:

Euroseas Ltd. Announces New Charters For Three Vessels And Conversion Of $1.875m Loan From Affiliate To Common Equity

Euroseas Ltd. (ESEA) CEO Aristides Pittas on Q3 2020 Results - Earnings Call Transcript

ATHENS, Greece, Nov. 19, 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 and nine-month period ended September 30, 2020.

Euroseas Ltd. Reports Results for the Nine-Month Period and Quarter Ended September 30, 2020

ATHENS, Greece, Nov. 18, 2020 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today that it will release its financial results for the third quarter ended September 30, 2020 on Thursday, November 19, 2020 after market closes in New York.

Euroseas Ltd. Sets Date for the Release of Third Quarter 2020 Results Conference Call and Webcast

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ATHENS, Greece, Sept.  21, 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 container vessel, C/V “Akinada Bridge”, with capacity of about 5,600 teu and built in 2001, has extended her time charter contract for a minimum duration of twelve months and maximum duration of thirteen months and an additional ten to twelve months in charterers option, at a daily rate of $17,250 and $20,000 respectively. The new rate will commence on October 30t h 2020.

Euroseas Ltd. Announces Charter for its Intermediate-size Container Vessel, C/V Akinada Bridge, Declaration of Option for the C/V Synergy Oakland and Sale of C/V Ninos

News for Euroseas Stock (ESEA)