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Euroseas Ltd (ESEA.OQ)

ESEA.OQ on NASDAQ Stock Exchange Capital Market

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Latest Key Developments (Source: Significant Developments)

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

Euroseas announces acquisition of Newbuilding Ultramax Drybulk Carrier
Wednesday, 21 Dec 2016 08:30am EST 

Euroseas Ltd : Euroseas Ltd - vessel is expected to be delivered to company in January 2017 subject to a successful inspection by company by December 27, 2016 . Vessel will be acquired for approximately 62 percent of its contracted price in early 2014 .Euroseas Ltd announces acquisition of newbuilding Ultramax Drybulk Carrier for deposits already paid.  Full Article

Euroseas reports qtrly loss per share $2.42
Thursday, 11 Aug 2016 08:52am EDT 

Euroseas Ltd : Qtrly loss per share $2.42 . Results of Q2 of 2016 reflect low levels of containership and drybulk markets compared to same quarter of 2015 . Announces that company's board authorized establishment of an ATM offering of up to 15% of company's outstanding shares . Qtrly net revenues $7.3 million versus $9.4 million .Euroseas Ltd says has agreed to purchase M/V Aegean Express for approximately $3 million.  Full Article

BRIEF-Euroseas Announces Time Charter Contracts For Two Of Its Containerships

* EUROSEAS LTD. ANNOUNCES TIME CHARTER CONTRACTS FOR TWO OF ITS CONTAINERSHIPS