Euroseas Q2 FY26 net income rises 9.7% to $32.6 million; net revenue slips 1.2% to $56.5 million

Reuters2026/08/13 11:50

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Euroseas posted Q2 net income attributable to controlling shareholders of USD 33.2 million, or USD 4.77 a share.
Net revenues slipped 1.2% year over year to USD 56.5 million, reflecting a lower average fleet of 21 vessels.
Adjusted EBITDA (non-GAAP) edged up to USD 40.1 million from USD 39.3 million a year earlier.
Average time charter equivalent rate rose to USD 30,306 per day from USD 29,420; daily vessel operating expenses increased to USD 7,116.
Board declared a USD 0.80 per-share quarterly dividend, payable around Sept. 16 to holders of record Sept. 9.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Euroseas Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608130749PRIMZONEFULLFEED9809488) on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Euroseas Q2 FY26 net income rises 9.7% to $32.6 million; net revenue slips 1.2% to $56.5 million

You may also like

Crypto prices