Seanergy Maritime (SHIP) Reports Q2 Loss of $0.09 on Revenues of $18.4M

Seanergy Maritime (NASDAQ: SHIP) reported Q2 EPS of ($0.09). Revenue for the quarter came in at $18.4 million, versus $0 reported last year.

Highlights of 2Q 2017:

• Net Revenues: $18.4 million in 2Q 2017, up 125% compared to $8.2 million in 2Q 2016 and up 38% sequentially from 1Q 2017
• Commencement of the Capesize M/V Lordship's time charter agreement for 18-22 months period that could contribute more than $10 million of gross revenue
• Delivery of the Capesize M/V Partnership and commencement of its time charter agreement for 12-18 months period that could generate up to $8.8 million of gross revenue

Subsequent Highlights of 3Q 2017:

• Regained compliance with NASDAQ minimum bid price requirement

For earnings history and earnings-related data on Seanergy Maritime (SHIP) click here.

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