United Maritime Corporation Stock Price, News & Analysis

United Maritime (NASDAQ: USEA) will release its financial results for the third quarter and nine months ended September 30, 2025 on Tuesday, November 11, 2025.

The company said the results will be published prior to the open of market in New York on that date. Investors can expect an earnings release covering Q3 2025 and nine months-to-date performance.

United Maritime (NASDAQ: USEA) has completed the sale of its oldest Capesize vessel, M/V Goodship, marking the final step in its strategic exit from vintage tonnage. The 177,536 dwt vessel, built in 2005, was sold to Far Eastern buyers for $15.4 million, generating net cash proceeds of $8.2 million and an accounting profit of $0.6 million.

This sale, following the previous divestments of M/V Gloriuship and M/V Tradership, has reduced the company's fleet average age by 3 years to 12.7 years. United now maintains strong cash reserves of over $20.0 million ($2.20 per share), positioning itself for future capital returns and strategic fleet growth.

United Maritime (NASDAQ:USEA) reported Q2 2025 financial results with net revenues of $12.5 million, slightly up from $12.4 million in Q2 2024. The company achieved a net income of $1.0 million compared to $0.7 million in the same period last year.

Key operational metrics include a Q2 2025 TCE rate of $15,421 per day, representing a 55% increase from Q1 2025 but down from $17,143 in Q2 2024. The company declared a quarterly dividend of $0.03 per share, marking its 11th consecutive quarterly distribution.

Strategic developments include the sale of two older vessels expected to release $17.9 million in liquidity after debt repayment, and an increased equity stake in an offshore Energy Construction Vessel project to approximately 32%. The company's fleet book value stood at $134.6 million as of June 30, 2025.

United Maritime (NASDAQ: USEA) has scheduled its Q2 and H1 2025 financial results announcement for Wednesday, August 6, 2025, before the New York market opens.

The company will host a conference call and webcast with senior management on the same day at 9:00 a.m. Eastern Time to discuss the results. Investors can access the live and archived webcast through the company's website, with participants advised to register approximately 10 minutes before the webcast begins.

United Maritime Corporation (NASDAQ: USEA) reported its Q1 2025 financial results with net revenues of $7.8 million, down from $10.6 million in Q1 2024. The company posted a net loss of $4.5 million compared to a $1.3 million loss in Q1 2024. The fleet's Time Charter Equivalent (TCE) rate decreased to $9,953 per day from $15,165 in Q1 2024. Despite weaker results, United declared a quarterly dividend of $0.01 per share, marking its tenth consecutive distribution. The company increased its stake in an Energy Construction Vessel joint venture to 30%, advancing its diversification strategy. For Q2 2025, United has secured 79% of days at an average rate of $16,835, expecting a full quarter TCE of approximately $15,653. The company maintains a fleet of eight vessels with a total capacity of 922,072 DWT.

United Maritime Corporation (NASDAQ: USEA) has scheduled the release of its first quarter 2025 financial results for Thursday, May 22, 2025, before the market opens in New York. The results will cover the financial period ending March 31, 2025.

United Maritime (NASDAQ: USEA) has announced the filing of its Annual Report on Form 20-F for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission. The report is now publicly available and can be accessed through the company's website at www.unitedmaritime.gr in the 'Investors' section under 'Annual Reports'.

United Maritime (NASDAQ: USEA) reported its Q4 and full-year 2024 financial results, showing mixed performance. Q4 net revenues decreased to $10.8 million from $11.6 million in Q4 2023, with a net loss of $1.8 million. The company's TCE rate declined to $14,248 per day from $15,874 in Q4 2023.

For full-year 2024, net revenues increased to $45.4 million from $36.1 million in 2023, though the company recorded a net loss of $3.4 million compared to a net income of $0.2 million in 2023. Adjusted EBITDA improved to $20.3 million from $18.9 million.

Key developments include:

• Declaration of $0.01 quarterly dividend for Q4 2024
• Secured $48.3 million in financing during 2024
• Sale agreement for M/V Gloriuship (2004-built Capesize) for approximately $15.0 million
• Fleet optimization with acquisition of a 2016-built Kamsarmax vessel
• Cash position of $6.8 million and shareholders' equity of $60.1 million as of December 31, 2024

United Maritime (NASDAQ: USEA) has scheduled its fourth quarter and full-year 2024 financial results announcement for Tuesday, March 18, 2025, before the New York market opens. The company will host a conference call and webcast on the same day at 09:00 a.m. Eastern Time to discuss the results.

Management will conduct a live webcast accessible through the company's website, with an archived version available afterward in the Investors section. Participants are advised to register approximately 10 minutes before the webcast starts. The company also offers a phone-based option for the conference call, with a registration system allowing participants to either select from provided numbers or input their own for automatic callback.