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