SHIP - Seanergy Maritime Non-GAAP EPS of $0.18 beats by $0.06 revenue of $28.3M beats by $1.55M

2023-08-02 09:06:57 ET

• Seanergy Maritime press release ( NASDAQ: SHIP ): Q2 Non-GAAP EPS of $0.18 beats by $0.06 .
• Revenue of $28.3M (-13.7% Y/Y) beats by $1.55M .
• Fleet Time Charter Equivalent overperformance of Baltic Capesize Index by 20% in 2Q23 & 1H23.
• Adjusted EBITDA for the quarter was $15.7 million, compared to $17.3 million for the same period of 2022.
• The daily TCE rate of the fleet for the second quarter of 2023 was $18,708, compared to $23,251 in the same period of 2022.
• As of the date hereof, approximately 53% of the Company fleet’s expected operating days in the third quarter of 2023 have been fixed at an estimated TCE rate of approximately $16.710. Our estimated TCE rate for the third quarter of 2023 will be approximately $16,100.

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