<a href="https://laohu8.com/S/ESEA">Euroseas Ltd</a>. Reports Significant Increase in Charter Revenues, Boosts Net Income and EPS for FY 2024
Euroseas Ltd. released its financial results for the fiscal year ending December 31, 2024, reporting a net income of $114.5 million, an increase from the previous year's $112.8 million. The company's operating income also saw a slight decrease, recorded at $119.4 million compared to $120.0 million in the prior year. The earnings per share $(EPS)$ for the year was noted at $16.53, up from $16.25 in the previous fiscal year. In terms of dividends, Euroseas declared $14.0 million in common stock dividends, down from $16.9 million in the prior year, with cash dividends declared per common share at $2.00, compared to $2.40 previously. The weighted average number of shares outstanding during the year was 6,931,280, slightly down from 6,938,204 in the previous year. The company continues to evaluate opportunities to expand its fleet, which is expected to influence both revenue and expenses in future periods.
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