tiprankstipranks
United Maritime Announces Profitable Quarter and Dividend
Company Announcements

United Maritime Announces Profitable Quarter and Dividend

United Maritime Corp. (USEA) has released an update.

Don't Miss our Black Friday Offers:

United Maritime Corporation has reported a profitable second quarter for 2024, with net revenues increasing to $12.4 million from the previous year’s $10.0 million and declaring a quarterly dividend of $0.075 per share. The company also highlighted a significant turnaround with a net income of $0.7 million and adjusted EBITDA of $6.3 million, a notable improvement from the net loss and adjusted net loss in the same quarter of 2023. Alongside financial results, United Maritime announced strategic investments in new projects and a strong commitment to shareholder returns.

For further insights into USEA stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskUnited Maritime Corp. Strengthens Leadership and Audit Oversight
Catie PowersUSEA Earnings this Week: How Will it Perform?
TipRanks Auto-Generated NewsdeskUnited Maritime’s Prosperous 2023 and Strategic Expansion
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App