Euroseas posted a loss for the second quarter, weighted down by heavier expenses.

The Aristides Pittas-led owner reported net loss attributable to common shareholders of $1.73m versus a $1.8m profit during the same period in 2018.

Adjusted net loss attributable to common shareholders came in at $1.8m, down from a $0.36m profit.

As a result, adjusted earnings per loss dipped to $0.14