United Maritime reports Q2 adjusted EPS 2c vs 9c last year

Reports Q3 revenue $12.5M vs $12.4M last year. Stamatis Tsantanis, the Company’s Chairman & Chief Executive Officer, stated: “In the second quarter of 2025 United Maritime (USEA) achieved a daily TCE of $15,421, up 55% from Q1. This sharp recovery in our daily earnings confirms the strength of the dry bulk rebound and our ability to capture the upside. Our fleet modernization strategy continues with the divestment of older vessels, capitalizing on strong second-hand values. The sale of the 2004-built M/V Gloriuship was completed in June, and we recently agreed to sell the 2006-built M/V Tradership. These two sales have an aggregate net price of $32.8 million, which is expected to release approximately $17.9 million in liquidity after debt repayments. This strengthens our position to pursue new opportunities. We expect to deliver the M/V Tradership to its new owners within August and to record a book profit of approximately $1.5 million in the third quarter of 2025.”