Replies to post #17331 on georgie18's House of Gain...

[georgie18]

SHIP... 09/14/17 -- Seanergy Maritime Holdings Corp.

Highlights of 2Q 2017:

Net Revenues: $18.4 million in 2Q 2017, up 125% compared to $8.2 million in 2Q 2016 and up 38% sequentially from 1Q 2017
Commencement of the Capesize M/V Lordship's time charter agreement for 18-22 months period that could contribute more than $10 million of gross revenue
Delivery of the Capesize M/V Partnership and commencement of its time charter agreement for 12-18 months period that could generate up to $8.8 million of gross revenue
Subsequent Highlights of 3Q 2017:

Regained compliance with NASDAQ minimum bid price requirement
Seanergy Maritime Holdings Corp. (the "Company") (NASDAQ: SHIP) announced today its financial results for the quarter and six months ended June 30, 2017.

For the quarter ended June 30, 2017, the Company generated net revenues of $18.4 million, a 125% increase from the second quarter of 2016. For the six month period ended June 30, 2017, net revenues were equal to $31.7 million, up 109% from the first half of 2016. As of June 30, 2017, stockholders' equity was $24.3 million and cash and cash equivalents, including restricted cash, was $9.2 million.