SC 13G/A - United Maritime Corp (0001912847) (Subject)

Maxim Group analyst Tate Sullivan initiates coverage on United Maritime (NASDAQ:USEA) with a Buy rating and announces Price Target of $6.

United Maritime (NASDAQ:USEA) reported quarterly losses of $(0.13) per share. This is a 72.92 percent increase over losses of $(0.48) per share from the same period last year. The company reported $10.60 million in sales this quarter. This is a 275.68 percent increase over sales of $2.82 million the same period last year.

United Maritime (NASDAQ:USEA) reported quarterly losses of $(0.07) per share. This is a 101.79 percent decrease over earnings of $3.90 per share from the same period last year. The company reported $11.60 million in sales this quarter. This is a 22.31 percent decrease over sales of $14.93 million the same period last year.

Gainers Ultralife (NASDAQ:ULBI) stock moved upwards by 30.2% to $10.29 during Thursday's pre-market session. The market value of their outstanding shares is at $168.1 million. As per the news, the Q4 earnings report came out today. Graphex Gr (AMEX:GRFX) stock increased by 17.59% to $0.59. The company's market cap stands at $26.4 million. Pixie Dust Technologies (NASDAQ:PXDT) shares moved upwards by 11.94% to $3.0. The market value of their outstanding shares is at $44.1 million. United Maritime (NASDAQ:USEA) shares increased by 11.19% to $2.98. The market value of their outstanding shares is at $25.9 million. Roma Green Finance (NASDAQ:ROMA) shares moved upwards by 11.11% to $1.2. The

In the third quarter, Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) faced challenges, reporting Net Revenues of $24.5 million and an Adjusted Net Loss of $2.6 million, primarily due to the underperformance of the dry bulk Capesize market. Market conditions were influenced by historically low port congestion and the efficient utilization of the Capesize fleet, leading to an excess supply of vessels. However, the company maintains a positive outlook, observing low inventories and increased demand for dry commodities in key areas.In the same quarter, Seanergy's fleet achieved a Time Charter Equivalent (TCE) rate of $15,300 per day, surpassing the Baltic Capesize Index (BCI) by 14%.Despite setb

Understanding Value Stocks A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. The following stocks are considered to be notable value stocks in the industrials sector: Grindrod Shipping Hldgs (NASDAQ:GRIN) - P/E: 10.0 AGCO (NYSE:AGCO) - P/E: 7.5 Bridger Aerospace Gr (NASDAQ:BAER) - P/E: 0.74 Target Hospitality (NASDAQ:TH) - P/E: 7.15 United Maritime (

United Maritime (NASDAQ:USEA) reported quarterly earnings of $0.95 per share. This is a 1087.5 percent increase over earnings of $0.08 per share from the same period last year. The company reported $11.68 million in sales this quarter. This is a 48.78 percent increase over sales of $7.85 million the same period last year.

The Meaning Behind Value Stocks A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. The following stocks are considered to be notable value stocks in the industrials sector: Crane NXT (NYSE:CXT) - P/E: 7.54 Herc Hldgs (NYSE:HRI) - P/E: 8.71 United Maritime (NASDAQ:USEA) - P/E: 0.46 Shyft Group (NASDAQ:SHYF) - P/E: 9.88 Euroseas (NASDAQ:ESEA) - P/E: 1.79 Crane NXT saw an increase in earnings per share from 0.97 in Q1 to $1.12 now. Most recently, Herc Hldgs reported earnings per share

6-K - United Maritime Corp (0001912847) (Filer)

6-K - United Maritime Corp (0001912847) (Filer)

6-K - United Maritime Corp (0001912847) (Filer)

EFFECT - United Maritime Corp (0001912847) (Filer)

20-F - United Maritime Corp (0001912847) (Filer)

POS AM - United Maritime Corp (0001912847) (Filer)

424B3 - United Maritime Corp (0001912847) (Filer)

6-K - United Maritime Corp (0001912847) (Filer)

424B3 - United Maritime Corp (0001912847) (Filer)

6-K - United Maritime Corp (0001912847) (Filer)

Highlights     (in million USD, except EPS & LPS) Q2 2024Q2 20236M 20246M 2023Net Revenues $12.4$10.0$23.0$12.8Net income / (loss) $0.7($3.0)($0.7)($7.9)Adjusted net income / (loss)1 $0.9($2.1)($0.2)($5.7)EBITDA1 $6.0$1.1$9.5($1.6)Adjusted EBITDA1 $6.3$2.0$10.0$0.6      Earnings / (loss) per share Basic $0.08($0.37)($0.08)($0.99)Earnings / (loss) per share Diluted $0.07($0.37)($0.08)($0.99)Adjusted earnings / (loss) per share Basic1 $0.10($0.25)($0.02)($0.72)Adjusted earnings / (loss) per share Diluted1 $0.09($0.25)($0.02)($0.72) Other Highlights and Developments: Quarterly cash dividend of $0.075 per share for Q2 2024Total cash dividends of $1.525 per share or $12.0 million d

Earnings Release: Tuesday, August 6, 2024, Before Market Open in New YorkConference Call and Webcast: Tuesday, August 6, 2024, at 12:00 p.m. Eastern Time GLYFADA, Greece, Aug. 01, 2024 (GLOBE NEWSWIRE) -- United Maritime Corporation (the "Company" or "United") (NASDAQ:USEA), announced today that it will release its financial results for the second quarter and six months ended June 30, 2024, prior to the open of the market in New York on Tuesday, August 6, 2024. United's senior management will conduct a conference call and simultaneous Internet webcast to review these results on Tuesday, August 6, 2024, at 12:00 p.m. Eastern Time. Audio Webcast:There will be a live, and then archived, we

Highlights  (in million USD except LPS) Q1 2024Q1 2023Net Revenues $10.6$2.8Net Loss ($1.3)($4.9)Adjusted Net Loss1 ($1.1)($3.7)EBITDA1 $3.5($2.7)Adjusted EBITDA1 $3.7($1.5)    Loss per share Basic & Diluted ($0.15)($0.64)Adjusted Loss per share Basic1 & Diluted1 ($0.13)($0.48) Other Highlights and Developments: Quarterly cash dividend of $0.075 per share declared for Q1 2024Total cash dividends of $11.4 million, or $1.45 per share, declared since November 2022, representing approximately 46% of United's market capitalization2Agreement to acquire a 2016-built Japanese Kamsarmax3Agreement to sell a 2010-built Chinese Kamsarmax at a profit A new $18.0 million sale and leaseback arrangement

GLYFADA, Greece, May 21, 2024 (GLOBE NEWSWIRE) -- United Maritime Corporation (the "Company" or "United") (NASDAQ:USEA), announced today that it will release its financial results for the first quarter ended March 31, 2024, prior to the open of the market in New York on Friday, May 24, 2024. About United Maritime CorporationUnited Maritime Corporation is an international shipping company specializing in worldwide seaborne transportation services. The Company operates a fleet of eight dry bulk vessels, comprising three Capesize, two Kamsarmax and three Panamax vessels, with an aggregate cargo carrying capacity of 922,054 dwt. Upon the completion of the delivery of a third Kamsarmax vessel,

GLYFADA, GREECE / ACCESSWIRE / April 9, 2024 / Seanergy Maritime Holdings Corp. (NASDAQ:SHIP), a leading player in the global shipping industry, reported a fourth-quarter net profit of $10.8 million, a significant increase from $0.5 million in the previous year. The company's revenue also grew to $39.4 million compared to $28.5 million for the same quarter last year. Despite a very volatile Capesize market, Seanergy's daily time charter equivalent (TCE) outperformed the Baltic Capesize Index (BCI) by 7% in 2023. For the first three months of 2024, the company is projecting a TCE of $23,219 per day. During the full-year period, they recorded a net income of $2.3 million, while their fleet'

GLYFADA, Greece, April 03, 2024 (GLOBE NEWSWIRE) -- United Maritime Corporation (the "Company" or "United") (NASDAQ:USEA) announced today that its Annual Report on Form 20-F for the fiscal year ended December 31, 2023 (the "Annual Report") has been filed with U.S. Securities and Exchange Commission. The Annual Report may also be accessed through United's website, www.unitedmaritime.gr, at the "Investors" section under "Annual Reports". About United Maritime Corporation United Maritime Corporation is an international shipping company specializing in worldwide seaborne transportation services. The Company operates a fleet of eight dry bulk vessels, comprising three Capesize, two Kamsarmax

Highlights Quarterly Full Year(in million USD except EPS) Q4 2023Q4 2022 FY 2023FY 20221Net Revenues $11.6 $14.9 $36.1$22.8Net (Loss) / Income ($0.7)$36.5 $0.2$37.5Adjusted Net (Loss) / Income2 ($0.6)$39.8 $2.8$40.9EBITDA2 $4.4 $38.9 $16.3$41.8Adjusted EBITDA2 $4.6 $42.3 $18.9$45.2       (Loss) / Earnings per Share (EPS) Basic ($0.08)$4.86  $0.02$7.79(Loss) / Earnings per Share (EPS) Diluted ($0.08)$3.55 $0.02$4.92 Adjusted (Loss) / Earnings per share Basic2 ($0.07)$5.36 $0.33$8.54 Adjusted (Loss) / Earnings per share Diluted2 ($0.07)$3.90 $0.33$5.39   Other Highlights and Developments: Quarterly cash dividend

Earnings Release: Tuesday, February 20, 2024, Before Market Open in New YorkConference Call and Webcast: Tuesday, February 20, 2024, at 10:00 a.m. Eastern Time GLYFADA, Greece, Feb. 15, 2024 (GLOBE NEWSWIRE) -- United Maritime Corporation (the "Company" or "United") (NASDAQ:USEA), announced today that it will release its financial results for the fourth quarter and year ended December 31, 2023, prior to the open of the market in New York on Tuesday, February 20, 2024. United's senior management will conduct a conference call and simultaneous Internet webcast to review these results on Tuesday, February 20, 2024, at 10:00 A.M. Eastern Time. Audio Webcast:There will be a live, and then ar

Earnings Release: Wednesday, November 15, 2023, Before Market Open in New YorkConference Call and Webcast: Wednesday, November 15, 2023, at 10:00 a.m. Eastern Time GLYFADA, Greece, Nov. 09, 2023 (GLOBE NEWSWIRE) -- United Maritime Corporation (the "Company" or "United") (NASDAQ:USEA), announced today that it will release its financial results for the third quarter and nine months ended September 30, 2023, prior to the open of the market in New York on Wednesday, November 15, 2023. United's senior management will conduct a conference call and simultaneous Internet webcast to review these results on Wednesday, November 15, 2023, at 10:00 A.M. Eastern Time. Audio Webcast:There will b

Highlights   (in million USD, except for per share data) Q2 20236M 2023Net Revenues $10.0$12.8Net loss ($3.0)($7.9)Adjusted net loss1 ($2.1)($5.7)EBITDA1 $1.0($1.7)Adjusted EBITDA1 $2.0$0.5    Loss per share Basic & Diluted ($0.37)($1.00)Adjusted loss per share Basic1& Diluted1 ($0.25)($0.72) Other Highlights and Developments: Successful completion of the first investment cycle: Sale of our remaining LR2 tanker vessel for a gross sale price of $37.5 million, realizing a return on equity of approximately 400% $48 million combined profit from the sale and purchase transactions of four tanker vessels in less than one year Expansion through the second investment cycle, focusing on larger size