Euroseas saw third-quarter revenue rise 52% from a year ago thanks to better freight rates. But it racked up a loss due to a non-cash impairment charge on vessels held for sale.
The Aristides Pittas-led company reported net revenues of $11.1m for the quarter, compared to $7.2m a year earlier.
But the net loss was $4.8 million, compared to a year earlier loss of $4.5m.
