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United Maritime posts improved Q1 2026 results, declares $0.10/share dividend amid fleet expansion.

Company Fundamentals
21 May 2026
GlobeNewsWire
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Bullish
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United Maritime Corporation reported a significantly improved financial performance for Q1 2026, with net revenues stable at $7.9 million and a reduced net loss of $0.1 million compared to $4.5 million loss in Q1 2025. Adjusted EBITDA rose sharply to $3.2 million, driven by stronger dry bulk market conditions and strategic fleet repositioning, including acquiring two Capesize vessels and selling a Kamsarmax vessel. The company declared its 14th consecutive quarterly dividend of $0.10 per share and expects continued earnings growth supported by favorable market trends and secured charter rates for Q2 2026. United Maritime is positioned for sustained profitability and cash flow generation amid a constructive dry bulk shipping environment.

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