Icon Energy Corp. Reports 9-Month Revenue Of $3.6 Million; EPS $0.06 Vs $3.76 YoY

Benzinga

2024-11-11

Icon Energy Corp. ("Icon" or the "Company") (NASDAQ:ICON), an international shipping company that provides worldwide seaborne transportation services for dry bulk cargoes via its fleet of oceangoing vessels, announces its financial results for the nine-month period ended September 30, 2024, (the "Reporting Period") and declares cash dividend of $0.085 per common share.

Financial Highlights for the Reporting Period

Revenue, net of $3.6 million, up $0.4 million from the first nine months of 2023
Operating profit of $0.6 million, compared to $0.7 million during the nine-month period ended September 30, 2023
Net income of $0.6 million, compared to $0.8 million during the nine-month period ended September 30, 2023
EBITDA(1) of $1.5 million, equal to the same period last year

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Reports 9-Month Revenue Of $3.6 Million; EPS $0.06 Vs $3.76 YoY\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\">\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2024-11-11 21:17</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><strong><a href=\"https://laohu8.com/S/ICON\">Icon Energy Corp.</a></strong> (\"<strong>Icon</strong>\" or the \"<strong>Company</strong>\") (NASDAQ:ICON), an international shipping company that provides worldwide seaborne transportation services for dry bulk cargoes via its fleet of oceangoing vessels, announces its financial results for the nine-month period ended September 30, 2024, (the \"<strong>Reporting Period</strong>\") and declares cash dividend of $0.085 per common share.</p><p><strong>Financial Highlights for the Reporting Period</strong></p><ul><li>Revenue, net of $3.6 million, up $0.4 million from the first nine months of 2023</li><li>Operating profit of $0.6 million, compared to $0.7 million during the nine-month period ended September 30, 2023</li><li>Net income of $0.6 million, compared to $0.8 million during the nine-month period ended September 30, 2023</li><li>EBITDA(1) of $1.5 million, equal to the same period last year</li></ul>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ICON","symbol_name":"Icon Energy Corp.","start_time":0,"source_url":"https://www.benzinga.com/news/earnings/24/11/41877325/icon-energy-corp-reports-9-month-revenue-of-3-6-million-eps-0-06-vs-3-76-yoy","article_id":"2482789794","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2482789794","pubTimestamp":1731331050,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":"Icon Energy Corp. 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