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Re: CarlCarlMcB post# 1732

Thursday, 02/08/2018 9:49:02 PM

Thursday, February 08, 2018 9:49:02 PM

Post# of 4109
Great .10 per share on earnings would give us at least $2.00


Highlights of Third Quarter 2017:

Net Revenues: $18.9 million in 3Q 2017, up 119% compared to $8.6 million in 3Q 2016

Net Income of $6.5 million in 3Q 2017, as compared to a Net Loss of $5.9 million in 3Q 2016

EBITDA: $14.2 million and Adjusted EBITDA: $2.8 million


Highlights of Nine Months 2017:

Net Revenues: $50.5 million in 9M 2017, up 112% compared to $23.8 million in 9M 2016

Net loss of $3.1 million in 9M 2017, as compared to a Net Loss of $17.7 million in 9M 2016

EBITDA: $17.7 million and Adjusted EBITDA: $6.3 million


November 7, 2017 - Athens, Greece - Seanergy Maritime Holdings Corp. (the "Company") (NASDAQ:SHIP) announced today its financial results for the third quarter and nine months of 2017.

For the quarter ended September 30, 2017, the Company generated net revenues of $18.9 million, a 119% increase compared to the third quarter of 2016. For the nine month period ended September 30, 2017, net revenues were equal to $50.5 million, up 112% compared to the same period of 2016. As of September 30, 2017, stockholders' equity was $41.4 million and cash and cash equivalents, including restricted cash, was $10.9 million.
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