Seanergy Maritime Holdings Reports Third Quarter EPS of $.03
Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) announced today its operating results for the third quarter and nine months ended September 30, 2010.
Net Revenues for the third quarter of 2010 increased to $29.0 million from $22.4 million in the same quarter in 2009.
EBITDA was $15.7 million for the third quarter of 2010 as compared to $21.6 million in the same quarter in 2009.
Net Income was $2.9 million, or $0.03 per basic and diluted share for the three months ended September 30, 2010, as compared to Net Income of $14.0 million, or $0.57 per basic and $0.46 per diluted share, for the same quarter in 2009, based on weighted average common shares outstanding of 109,723,980 basic and diluted for 2010, 24,580,378, basic, and 30,386,931 diluted, for 2009.
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