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Seanergy Marine reports Q3 adjusted EPS (14c) vs 42c last year

Reports Q3 revenue $24.5M vs $34M last year. Stamatis Tsantanis, the Company’s Chairman & Chief Executive Officer, stated: “For the third quarter of 2023, Seanergy reported a TCE of $15,298, outperforming once more the BCI by approximately 14%. While we consistently overperform the index, the general Capesize market fell short of expectations, with the BCI averaging $13,400, marking the lowest Q3 BCI earnings since 2016. Considering our healthy liquidity position and our consistent approach towards shareholder rewards, the Company’s Board of Directors has approved another quarterly dividend of $0.025 per share.”

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