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Euroseas Ltd (ESEA.OQ)

ESEA.OQ on NASDAQ Stock Exchange Capital Market

1.45USD
21 Sep 2018
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Latest Key Developments (Source: Significant Developments)

Euroseas Ltd. Reports Quarterly Adjusted Earnings Per Share $0.04 Excluding Items
Friday, 10 Aug 2018 08:30am EDT 

Aug 10 (Reuters) - Euroseas Ltd ::EUROSEAS LTD. REPORTS RESULTS FOR THE SIX-MONTH PERIOD AND QUARTER ENDED JUNE 30, 2018.Q2 REVENUE ROSE 85 PERCENT TO $9.8 MILLION.QUARTERLY ADJUSTED EARNINGS PER SHARE $0.04 EXCLUDING ITEMS.Q2 EARNINGS PER SHARE $0.16.  Full Article

Euroseas Ltd Announces Time Charter Contract
Friday, 4 May 2018 09:00am EDT 

May 4 (Reuters) - Euroseas Ltd ::EUROSEAS LTD. ANNOUNCES TIME CHARTER CONTRACT AND FINANCING FOR ITS NEWBUILDING KAMSARMAX M/V EKATERINI AND SETS DATE FOR THE RELEASE OF FIRST QUARTER 2018 RESULTS, CONFERENCE CALL AND WEBCAST.EUROSEAS LTD - UNIT OF CO ENTERED INTO A TIME CHARTER CONTRACT FOR ITS NEWBUILDING VESSEL, M/V EKATERINI.EUROSEAS - M/V EKATERINI IS CHARTERED TO A EUROPEAN CHARTERER FOR ABOUT 2 YEARS AT GROSS DAILY RATE OF $13,000.EUROSEAS LTD - SECURED A BANK LOAN OF ABOUT $18.4 MILLION TO FINANCE ACQUISITION OF THE VESSEL.EUROSEAS LTD - CHARTER WILL COMMENCE UPON DELIVERY OF VESSEL AND IS EXPECTED TO CONTRIBUTE ABOUT $9.0 MILLION OF NET REVENUES TO CO DURING CONTRACT PERIOD.EUROSEAS LTD - M/V EKATERINI IS SCHEDULED TO BE DELIVERED TO CO FROM SHIPYARD ON MAY 7.EUROSEAS-LOAN PROCEEDS TO HELP CO'S LIQUIDITY BY ABOUT $2.2 MILLION AFTER REPAYMENT OF LAST INSTALLMENT TO SHIPYARD, ALL VESSEL DELIVERY RELATED EXPENSES.  Full Article

Euroseas Reports Q4 EPS $0.01
Monday, 5 Mar 2018 07:30am EST 

March 5 (Reuters) - Euroseas Ltd ::REPORTS RESULTS FOR THE YEAR AND QUARTER ENDED DECEMBER 31, 2017.Q4 REVENUE ROSE 85.2 PERCENT TO $13.5 MILLION.Q4 ADJUSTED EARNINGS PER SHARE $0.10 EXCLUDING ITEMS.Q4 EARNINGS PER SHARE $0.01.‍AVERAGE OF 16.3 VESSELS WERE OWNED & OPERATED DURING Q4 EARNING AVERAGE TIME CHARTER EQUIVALENT RATE OF $9,083 PER DAY​.  Full Article

Euroseas Ltd. reports Q3 loss per share $0.48
Friday, 10 Nov 2017 07:32am EST 

Nov 10 (Reuters) - Euroseas Ltd :Euroseas Ltd. reports results for the nine-month period and quarter ended September 30, 2017.Q3 revenue rose 53.2 percent to $11.1 million.Q3 adjusted loss per share $0.06 excluding items.Q3 loss per share $0.48.Euroseas Ltd - ‍An average of 14.0 vessels were owned and operated during Q3 of 2017 earning an average time charter equivalent rate of $8,529 per day​.  Full Article

Euroseas announces delivery of container feeder vessel and declaration of option to acquire two additional container vessels
Monday, 2 Oct 2017 09:00am EDT 

Oct 2 (Reuters) - Euroseas Ltd :Euroseas Ltd announces delivery of container feeder vessel, declaration of option to acquire two additional container vessels and signing of non-binding letter of intent.Euroseas Ltd - ‍exercised its option to purchase from Euromar two additional container vessels​.Euroseas Ltd - ‍secured financing for acquisitions of four vessels with a combination of debt and equity​.Euroseas Ltd - ‍M/V EM Oinousses, M/V EM Corfu and M/V Akinada Bridge are expected to be delivered to company within 2017​.  Full Article

Euroseas acquires 2 container feeder vessels, full ownership of Euromar
Tuesday, 12 Sep 2017 11:45am EDT 

Sept 12 (Reuters) - Euroseas Ltd ::Euroseas Ltd announces the acquisition of two container feeder vessels plus option to acquire two additional container feeder vessels, and full ownership of Euromar Llc.Says ‍vessels are to be acquired for a combined amount of about $25 million from Euromar Llc​.Says ‍vessels are expected to be delivered to company in Q4 of 2017​.Says ‍plans to finance acquisitions with a combination of debt and equity​.Says furthermore, company announced that it acquired 85.714% interest in Euromar it did not already own for nominal cost.  Full Article

Euroseas Ltd Q2 loss per share $0.13
Wednesday, 9 Aug 2017 08:00am EDT 

Aug 9 (Reuters) - Euroseas Ltd ::Euroseas ltd. Reports results for the six-month period and quarter ended june 30, 2017.Q2 revenue rose 36.4 percent to $10 million.Q2 loss per share $0.13.  Full Article

Euroseas reports acquisition of container feeder vessel
Tuesday, 30 May 2017 04:05pm EDT 

May 30 (Reuters) - Euroseas Ltd ::Euroseas Ltd. Announces acquisition of container feeder vessel.Euroseas Ltd - ‍agreement to acquire vessel includes 100 pct bank financing and a profit share agreed with bank​.Vessel is to be acquired at market price from Euromar Llc, company's joint venture with two private equity firms.Vessel is expected to be delivered to company in june 2017.Euroseas ltd - ‍to purchase m/v em astoria, a feeder size containership vessel of 2,788 teu built in 2004​.Euroseas ltd- agreement to acquire vessel includes 100 pct bank financing and a profit share agreed with bank.Euroseas ltd - ‍acquisition of em astoria is accretive to co's shareholders​.  Full Article

Euroseas qtrly adjusted loss per share $0.29 excluding items
Friday, 12 May 2017 07:47am EDT 

May 12 (Reuters) - Euroseas Ltd :Euroseas ltd. Reports results for the quarter ended march 31, 2017.Q1 revenue rose 26.6 percent to $8.3 million.Quarterly adjusted loss per share $0.29 excluding items.Q1 loss per share $0.24.  Full Article

Euroseas ltd. announces delivery of feeder containership
Tuesday, 27 Dec 2016 09:00am EST 

Euroseas Ltd : Company also announced that it agreed to sell for scrap m/v eleni p, a 72,119 dwt 1997-built drybulk carrier . M/V Eleni P is expected to be delivered to its buyers in beginning of January 2017. .Euroseas Ltd. Announces delivery of feeder containership and sale of drybulk vessel.  Full Article

BRIEF-Euroseas Announces Approval For Listing On Nasdaq Capital Market Of Eurodry Ltd

* EUROSEAS LTD. ANNOUNCES THE EFFECTIVENESS OF THE REGISTRATION STATEMENT AND APPROVAL FOR LISTING ON THE NASDAQ CAPITAL MARKET OF EURODRY LTD, ITS DRYBULK FLEET SPIN-OFF Source text for Eikon: Further company coverage: