09:29 AM EDT, 06/18/2025 (MT Newswires) -- Euroseas ( ESEA ) reported Q1 adjusted earnings Wednesday of $3.76 per diluted share, up from $2.66 a year earlier.

One analyst polled by FactSet expected $3.35.

Net revenue for the quarter ended March 31 was $56.3 million, up from $46.7 million a year earlier.

Two analysts surveyed by FactSet expected $54.7 million.

The company declared a quarterly dividend of $0.65 per share, payable on or about July 16 to shareholders of record July 9.

The company's shares were rising nearly 9% in recent Wednesday premarket activity.