Euroseas reports $29.7m Q3 net income, announces charters

Aristides Pittas, Chairman and CEO, stated, “Today, we are extremely happy to report new forward charter contracts for five of our vessels...Oakland will contribute almost $25 million of EBITDA over its minimum charter period, while each of our newbuildings almost $40 million of EBITDA.”

He noted that these charters increase the company's revenue visibility well into 2032.

The company declared a quarterly dividend of $0.70 per share, payable on December 16, 2025. As of November 18, 2025, Euroseas had repurchased 466,374 shares of its common stock for approximately $10.5 million.