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United MaritimeNASDAQ: USEA

Profile

Country:

Greece

IPO:

06 July 2022

Next earnings report:

N/A

Last dividends:

27 September 2024

Next dividends:

N/A
$20.95 M
-41%vs. 3y high
12%vs. sector
-93%vs. 3y high
4%vs. sector
-56%vs. 3y high
13%vs. sector
-89%vs. 3y high
17%vs. sector

Price

regular market | 12 min ago
$2.32+$0.01(+0.24%)
$12.44 M$12.70 M
$12.44 M$672.00 K

Analysts recommendations

Institutional Ownership

USEA Latest News

United Maritime Corporation (USEA) Q2 2024 Earnings Call Transcript
seekingalpha.com11 August 2024 Sentiment: POSITIVE

United Maritime Corporation (NASDAQ:USEA ) Q2 2024 Earnings Conference Call August 6, 2024 10:00 AM ET Company Participants Stamatios Tsantanis - Chairman and Chief Executive Officer Stavros Gyftakis - Chief Financial Officer Conference Call Participants Tate Sullivan - Maxim Group Operator Thank you for standing by ladies and gentlemen. And welcome to the United Maritime Corporation Conference Call on the Second Quarter and Six Months Ended the 30th of June 2024, Financial Results.

United Maritime Reports First Quarter 2024 Financial Results and Declares Quarterly Cash Dividend of $0.075 Per Share
globenewswire.com24 May 2024 Sentiment: POSITIVE

Highlights     (in million USD except LPS)   Q1 2024 Q1 2023 Net Revenues   $10.6 $2.8 Net Loss   ($1.3) ($4.9) Adjusted Net Loss1   ($1.1) ($3.7) EBITDA1   $3.5 ($2.7) Adjusted EBITDA1   $3.7 ($1.5)         Loss per share Basic & Diluted   ($0.15) ($0.64) Adjusted Loss per share Basic1 & Diluted1   ($0.13) ($0.48) Other Highlights and Developments: Quarterly cash dividend of $0.075 per share declared for Q1 2024 Total cash dividends of $11.4 million, or $1.45 per share, declared since November 2022, representing approximately 46% of United's market capitalization 2 Agreement to acquire a 2016-built Japanese Kamsarmax 3 Agreement to sell a 2010-built Chinese Kamsarmax at a profit A new $18.0 million sale and leaseback arrangement – aggregate financings of $31.8 million year-to-date GLYFADA, Greece, May 24, 2024 (GLOBE NEWSWIRE) -- United Maritime Corporation (“United” or the “Company”) (NASDAQ: USEA), announced today its financial results for the first quarter ended March 31, 2024 and declared a quarterly dividend of $0.075 per share for the first quarter of 2024. For the quarter ended March 31, 2024, the Company generated Net Revenues of $10.6 million compared to $2.8 million in the first quarter of 2023.

United Maritime Corporation (USEA) Q4 2023 Earnings Call Transcript
Seeking Alpha20 February 2024 Sentiment: POSITIVE

United Maritime Corporation (USEA) Q4 2023 Earnings Call Transcript

United Maritime: Upgrading To Buy On Vastly Improved Charter Rates And Generous Dividend
Seeking Alpha09 October 2023 Sentiment: POSITIVE

Over the past twelve months, United Maritime has sold all of the tanker vessels acquired in July 2022 at an aggregate gain of $48 million. The company has shifted its focus back to the larger dry bulk vessel classes. Currently, the fleet consists of eight dry bulk carriers with an average age of 14.5 years. The recent rally in dry bulk charter rates should benefit United Maritime's Q4 results quite meaningfully thus providing support for the company's generous quarterly cash dividend of $0.075 per share.

United Maritime Corporation (USEA) Q2 2023 Earnings Call Transcript
Seeking Alpha04 August 2023 Sentiment: POSITIVE

United Maritime Corporation (NASDAQ:USEA ) Q2 2023 Earnings Call Transcript August 3, 2023 10:00 AM ET Company Participants Stamatios Tsantanis - Chairman, CEO and Founder Stavros Gyftakis - CFO Conference Call Participants Tate Sullivan - Maxim Group Operator Thank you for standing by ladies and gentlemen. And welcome to the United Maritime Corporation Conference Call on the Second Quarter Ended June 30, 2023, Financial Results.

What type of business is United Maritime?

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.

What sector is United Maritime in?

United Maritime is in the Industrials sector

What industry is United Maritime in?

United Maritime is in the Marine Shipping industry

What country is United Maritime from?

United Maritime is headquartered in Greece

When did United Maritime go public?

United Maritime initial public offering (IPO) was on 06 July 2022

What is United Maritime website?

https://www.unitedmaritime.gr

Is United Maritime in the S&P 500?

No, United Maritime is not included in the S&P 500 index

Is United Maritime in the NASDAQ 100?

No, United Maritime is not included in the NASDAQ 100 index

Is United Maritime in the Dow Jones?

No, United Maritime is not included in the Dow Jones index

When was United Maritime the previous earnings report?

No data

When does United Maritime earnings report?

Next earnings report date is not announced yet