United Maritime (NASDAQ:USEA) Posts Quarterly Earnings Results, Beats Expectations By $0.22 EPS

United Maritime (NASDAQ:USEA) released its quarterly earnings results on Tuesday. The company reported ($0.09) earnings per share for the quarter, beating the consensus estimate of ($0.31) by $0.22, Zacks reports. United Maritime had a negative return on equity of 2.76% and a negative net margin of 4.96%. The company had revenue of $10.40 million for the quarter, compared to analyst estimates of $10.40 million.

United Maritime Trading Down 12.8 %

NASDAQ USEA opened at $1.64 on Wednesday. The company has a quick ratio of 0.46, a current ratio of 0.47 and a debt-to-equity ratio of 1.62. United Maritime has a twelve month low of $1.49 and a twelve month high of $2.98. The firm has a market capitalization of $14.51 million, a PE ratio of -6.31 and a beta of 0.54. The stock’s 50 day moving average is $1.81 and its 200 day moving average is $2.08.

United Maritime Company Profile

United Maritime Corporation, a shipping company, offers seaborne transportation services worldwide. It operates a fleet of eight dry bulk vessels comprising three Panamax, three Capesize, and two Kamsarmax vessels with an aggregate cargo-carrying capacity of approximately 922,054 dwt. The company was incorporated in 2022 and is based in Glyfada, Greece.