United Maritime Third Quarter 2024 Earnings: US$0.10 loss per share (vs US$1.00 profit in 3Q 2023)

United Maritime (NASDAQ:USEA) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$11.6m (down 1.0% from 3Q 2023).
• Net loss: US$894.0k (down by 110% from US$8.63m profit in 3Q 2023).
• US$0.10 loss per share (down from US$1.00 profit in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

United Maritime Earnings Insights

Looking ahead, revenue is forecast to grow 3.5% p.a. on average during the next 2 years, while revenues in the Shipping industry in the US are expected to remain flat.

Performance of the American Shipping industry.

The company's shares are down 6.2% from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with United Maritime (including 2 which make us uncomfortable).

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