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C3is (CISS) - 2024 Q1 - Earnings Call Presentation
2024-05-28 22:34
Timely and selective acquisitions of quality vessels Diversified fleet allowing more impact on long term profits C3is Inc. This presentation contains forward-looking statements within the meaning of applicable federal securities laws. Such statements are based upon current expectations that involve risks and uncertainties. Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. For example, words such as "may," "will," "should," "estimates," ...
C3is (CISS) - 2024 Q1 - Earnings Call Transcript
2024-05-28 22:33
C3is Inc. (NASDAQ:CISS) Q1 2024 Earnings Conference Call May 28, 2024 11:00 AM ET Company Participants Diamantis Andriotis - CEO Nina Pyndiah - CFO Conference Call Participants Diamantis Andriotis Good morning, everyone, and welcome to our C3is First Quarter Earnings Conference Call and Webcast. This is Diamantis Andriotis, CEO of the company. Joining me on the call today is our CFO, Nina Pyndiah. Before we commence our presentation, I would like to remind you that we will be discussing forward-looking stat ...
C3is Inc. reports Revenue of $12.8 million, Net Income of $3.8 million, and financial and operating results for the quarter ended March 31, 2024
Newsfilter· 2024-05-28 13:20
ATHENS, Greece, May 28, 2024 (GLOBE NEWSWIRE) -- C3is Inc. (Nasdaq: CISS) (the "Company"), a shipowning company providing drybulk seaborne transportation services, and from the third quarter of 2023, tanker transportation services, announced today its unaudited financial and operating results for the first quarter ended March 31, 2024. OPERATIONAL AND FINANCIAL HIGHLIGHTS Our handysize dry bulk carriers are on time charters of short term durations, producing steady cash flows, while our Aframax tanker opera ...
C3is Inc. reports Revenue of $12.8 million, Net Income of $3.8 million, and financial and operating results for the quarter ended March 31, 2024
globenewswire.com· 2024-05-28 13:20
ATHENS, Greece, May 28, 2024 (GLOBE NEWSWIRE) -- C3is Inc. (Nasdaq: CISS) (the "Company"), a shipowning company providing drybulk seaborne transportation services, and from the third quarter of 2023, tanker transportation services, announced today its unaudited financial and operating results for the first quarter ended March 31, 2024. OPERATIONAL AND FINANCIAL HIGHLIGHTS Our handysize dry bulk carriers are on time charters of short term durations, producing steady cash flows, while our Aframax tanker opera ...
C3is Inc. announces the date for the release of the first quarter 2024 financial and operating results
Newsfilter· 2024-05-23 12:00
Slides and audio webcast: ATHENS, Greece, May 23, 2024 (GLOBE NEWSWIRE) -- C3is Inc. (NASDAQ:CISS) (the "Company"), a ship-owning company providing seaborne transportation services, announced today that it will release its first quarter financial results for the period ended March 31, 2024 before the market opens in New York on May 28th, 2024. On May 28th, 2024, at 11:00 am ET, the company's management will host a conference call to present the results and the company's operations and outlook. There will al ...
C3is (CISS) - 2023 Q4 - Annual Report
2024-04-30 13:23
Economic slowdown in the Asia Pacific region, particularly in China, may have a material adverse effect on us, as we anticipate a significant number of the port calls made by our vessels will continue to involve the loading or discharging of dry bulk commodities in ports in the Asia Pacific region. Port calls in China represented 11% and 6% of our worldwide port calls in 2021 and 2022, respectively, and revenues from Chinese charterers represented less than 10% of our revenues in 2021 and 2022, respectively ...
C3is Announces Agreement to Acquire Handysize Bulk Carrier from an Affiliated Company
Newsfilter· 2024-04-12 20:10
ATHENS, Greece, April 12, 2024 (GLOBE NEWSWIRE) -- C3is Inc. (NASDAQ:CISS) (the "Company") announced today that it has entered into an agreement to acquire the Bulk Carrier Eco Spitfire for $16.19 million from Brave Maritime, an affiliated company. Eco Spitfire, a Marshall Islands registered vessel, was built at a Japanese ship yard in 2012, and has a cargo carrying capacity of approximately 33,664 dwt. Payment of 10% of the purchase price will be effected within April 2024, with the remaining balance due b ...
C3IS Inc. Announces Reverse Stock Split
Newsfilter· 2024-04-10 12:50
To be effective April 12, 2024 Aiming to meet the minimum bid price requirement for maintaining listing on Nasdaq ATHENS, Greece, April 10, 2024 (GLOBE NEWSWIRE) -- C3IS INC. (the "Company") (NASDAQ:CISS) today announced that its board of directors has determined to effect a one-for-one hundred (1-for-100) reverse stock split of the Company's common stock, par value $0.01 per share. The reverse stock split will take effect at 11:59 pm Eastern Time on April 11, 2024, and the Company's common stock will begin ...
C3is (CISS) - 2023 Q4 - Earnings Call Transcript
2024-03-26 18:44
C3is Inc. (NASDAQ:CISS) Q4 2023 Earnings Conference Call March 26, 2024 11:00 AM ET Company Participants Diamantis Andriotis - CEO Nina Pyndiah - CFO Conference Call Participants Operator Good day. And thank you for standing by. Welcome to our Q4 2023 Financial and Operating Results Conference Call and Webcast for C3is. At this time, all participants are in a listen-only mode with question-and-answer session. Please note that today’s conference is being recorded. I’d now like to hand the conference over to ...
C3is (CISS) - 2024 Q1 - Quarterly Report
2024-03-26 17:07
Matters discussed in this report may constitute forward-looking statements. Forward-looking statements reflect our current views with respect to future events and financial performance and may include statements concerning plans, objectives, goals, strategies, future events or performance, including our intention to effect a reverse stock split, the exact ratio and timing of such reverse stock split and our ability to regain compliance with Nasdaq continued listing requirements, and underlying assumptions a ...