Euroseas (ESEA) reported first quarter net income of $32.5 million, compared to $36.9 million, a year ago. Earnings per share was $4.65, compared to $5.29, last year. Adjusted EBITDA was $40.9 million, compared to $37.1 million, prior year. Adjusted earnings per share was $4.70, compared to $3.76.
For the first quarter, the company reported total net revenues of $55.8 millionrepresenting a 1% decrease over total net revenues of $56.3 million, prior year.
In pre-market trading on NasdaqCM, Euroseas shares are up 5.28 percent to $74.96.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.