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

United Maritime (NASDAQ:USEA) announced its quarterly earnings data 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. The company had revenue of $10.40 million during the quarter, compared to analysts’ expectations of $10.40 million. United Maritime had a negative return on equity of 2.76% and a negative net margin of 4.96%.

United Maritime Price Performance

Shares of NASDAQ USEA opened at $1.64 on Wednesday. The stock has a market capitalization of $14.51 million, a price-to-earnings ratio of -6.31 and a beta of 0.54. The business has a 50-day moving average of $1.81 and a 200-day moving average of $2.08. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.47 and a quick ratio of 0.46. United Maritime has a fifty-two week low of $1.49 and a fifty-two week high of $2.98.

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.