NETI - Earnings announcements

MONACO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) ("Eneti" or the "Company"), today reported its results for the three months ended September 30, 2023. The Company also announced that on November 14, 2023 its board of directors (the "Board of Directors") declared a quarterly cash dividend of $0.01 per share on the Company's common shares. Results for the Three and Nine Months Ended September 30, 2023 and 2022 For the third quarter of 2023, the Company's GAAP net income was $18.3 million, or $0.48 per diluted share, including transaction costs of $0.2 million or $0.01 per diluted share, consisting primarily of legal and tax services related to its pending business combinat

MONACO, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Cadeler A/S (OSE: CADLR) ("Cadeler") and Eneti Inc. (NYSE:NETI) ("Eneti"), two offshore wind turbine and foundation installation companies, announce the commencement of a share exchange offer (the "Offer") for all of the outstanding shares of common stock of Eneti. The Offer is being made pursuant to the Business Combination Agreement, announced on June 16, 2023. The Offer is expected to close within Q4 2023. Cadeler will host a conference call on November 8, 2023 at 9:00 a.m. ET / 3:00 p.m. CET (please see below for webcast details). The combined group will be named Cadeler, and be headquartered in Copenhagen, Denmark, with its shares to be l

MONACO, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) (the "Company") plans to announce third quarter 2023 financial results in a press release that will be issued before the market opens on Tuesday, November 14, 2023. A conference call to discuss the Company's results will be held at 9:00 AM Eastern Time / 3:00 PM Central European Time on November 14, 2023.  Those wishing to listen to the call should dial 1 (877) 513-1694 (U.S.) or 1 (412) 902-4269 (International) at least 15 minutes prior to the start of the call to ensure connection. The information provided on the teleconference is only accurate at the time of the conference call, and the Company will take no responsibility

MONACO, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) ("Eneti" or the "Company"), today reported its results for the three months ended June 30, 2023. The Company also announced that on August 8, 2023 its board of directors (the "Board of Directors") declared a quarterly cash dividend of $0.01 per share on the Company's common shares. Results for the Three and Six Months Ended June 30, 2023 and 2022 For the second quarter of 2023, the Company's GAAP net loss was $49.8 million, or $1.36 per diluted share, including: a write-down of assets classified as held for sale of $49.3 million or $1.35 per diluted share,transaction costs of $3.3 million or $0.09 per diluted, consisting p

MONACO, July 28, 2023 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) (the "Company") plans to announce second quarter 2023 financial results in a press release that will be issued before the market opens on Tuesday, August 8, 2023. A conference call to discuss the Company's results will be held at 9:00 AM Eastern Daylight Time / 4:30 PM Central European Summer Time on August 8, 2023.  Those wishing to listen to the call should dial 1 (877) 513-1694 (U.S.) or 1 (412) 902-4269 (International) at least 15 minutes prior to the start of the call to ensure connection. The information provided on the teleconference is only accurate at the time of the conference call, and the Company will take no res

MONACO, June 16, 2023 (GLOBE NEWSWIRE) -- Cadeler A/S (OSE: CADLR) ("Cadeler") and Eneti Inc. (NYSE:NETI) ("Eneti"), two offshore wind turbine and foundation installation companies, announce today that they have entered into a business combination agreement to combine (the "Combination") through a stock-for-stock exchange offer to be made to all stockholders of Eneti based on an exchange ratio of 3.409 Cadeler shares for each Eneti share (the "Exchange Offer"). Following the completion of the Exchange Offer, Cadeler and Eneti shareholders will own approximately 60% and 40% of the combined company, respectively, on the basis of the share counts for each of Cadeler and Eneti as at 16 June 2

MONACO, April 27, 2023 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) ("Eneti" or the "Company"), today reported its results for the three months ended March 31, 2023. The Company also announced that on April 27, 2023 its board of directors (the "Board of Directors") declared a quarterly cash dividend of $0.01 per share on the Company's common shares. Results for the Three Months Ended March 31, 2023 and 2022 For the first quarter of 2023, the Company's GAAP net loss was $17.6 million, or $0.48 per diluted share.Total revenues for the first quarter of 2023 were $13.8 million, compared to $22.4 million for the same period in 2022. First quarter 2023 revenues consisted of revenues generated b

MONACO, April 18, 2023 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) (the "Company") plans to announce first quarter 2023 financial results in a press release that will be issued before the market opens on Thursday, April 27, 2023. A conference call to discuss the Company's results will be held at 10:30 AM Eastern Daylight Time / 4:30 PM Central European Summer Time on April 27, 2023. Those wishing to listen to the call should dial 1 (877) 513-1694 (U.S.) or 1 (412) 902-4269 (International) at least 15 minutes prior to the start of the call to ensure connection. The conference participant passcode is 10178256. The information provided on the teleconference is only accurate at the time of the

MONACO, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) ("Eneti" or the "Company"), today reported its results for the three months ended December 31, 2022. The Company also announced that on February 9, 2023 its board of directors (the "Board of Directors") declared a quarterly cash dividend of $0.01 per share on the Company's common shares. The Company's results for the three and twelve months ended December 31, 2022 include the impact of Seajacks International Limited's ("Seajacks") earnings, which was acquired on August 12, 2021. Since the completion of the acquisition, the operations of the Company are primarily those of Seajacks as the Company completed its exit from the d

MONACO, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) (the "Company") plans to announce fourth quarter 2022 financial results in a press release that will be issued before the market opens on Thursday, February 9, 2023. A conference call to discuss the Company's results will be held at 9:00 AM Eastern Standard Time / 3:00 PM Central European Time on February 9, 2023. Those wishing to listen to the call should dial 1 (877) 513-1694 (U.S.) or 1 (412) 902-4269 (International) at least 10 minutes prior to the start of the call to ensure connection. The conference participant passcode is 10175378. The information provided on the teleconference is only accurate at the time of the c

MONACO, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) ("Eneti" or the "Company"), today reported its results for the three months ended September 30, 2022. The Company also announced that on November 8, 2022 its Board of Directors declared a quarterly cash dividend of $0.01 per share on the Company's common shares. The Company's results for the three and nine months ended September 30, 2022 include the impact of Seajacks International Limited's ("Seajacks") earnings, which was acquired on August 12, 2021. Since the completion of the acquisition, the operations of the Company are primarily those of Seajacks as the Company completed its exit from the dry bulk sector of the s

MONACO, Nov. 01, 2022 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) (the "Company") plans to announce third quarter 2022 financial results in a press release that will be issued before the market opens on Tuesday, November 8, 2022. A conference call to discuss the Company's results will be held at 9:00 AM Eastern Standard Time / 3:00 PM Central European Time on November 8, 2022.  Those wishing to listen to the call should dial 1 (877) 513-1694 (U.S.) or 1 (412) 902-4269 (International) at least 10 minutes prior to the start of the call to ensure connection. The conference participant passcode is 10172086. The information provided on the teleconference is only accurate at the time of the conf

MONACO, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) ("Eneti" or the "Company"), today reported its results for the three months ended June 30, 2022. The Company also announced that on August 3, 2022 its Board of Directors declared a quarterly cash dividend of $0.01 per share on the Company's common shares. The Company's results for the three and six months ended June 30, 2022 include the impact of Seajacks International Limited's ("Seajacks") earnings, which was acquired on August 12, 2021. Since the completion of the acquisition, the operations of the Company are primarily those of Seajacks as the Company completed its exit from the dry bulk sector of the shipping industry

MONACO, July 19, 2022 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) (the "Company") plans to announce second quarter 2022 financial results in a press release that will be issued before the market opens on Wednesday, August 3, 2022. A conference call to discuss the Company's results will be held at 11:00 AM Eastern Daylight Time / 5:00 PM Central European Summer Time on August 3, 2022. Those wishing to listen to the call should dial 1 (877) 513-1694 (U.S.) or 1 (412) 902-4269 (International) at least 10 minutes prior to the start of the call to ensure connection. The conference participant passcode is 10169504. The information provided on the teleconference is only accurate at the time of th

MONACO, May 12, 2022 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) ("Eneti" or the "Company"), today reported its results for the three months ended March 31, 2022. The Company also announced that on May 12, 2022 its Board of Directors declared a quarterly cash dividend of $0.01 per share on the Company's common shares. The Company's results for the three months ended March 31, 2022 include the impact of Seajacks International Limited's ("Seajacks") earnings, which was acquired on August 12, 2021. Since the completion of the acquisition, the operations of the Company are primarily those of Seajacks as the Company completed its exit from the dry bulk sector of the shipping industry in July 2

MONACO, April 25, 2022 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) (the "Company") plans to announce first quarter 2022 financial results in a press release that will be issued before the market opens on Thursday, May 12, 2022. A conference call to discuss the Company's results will be held at 11:30 AM Eastern Daylight Time / 5:30 PM Central European Summer Time on May 12, 2022.  Those wishing to listen to the call should dial 1 (866) 219-5268 (U.S.) or 1 (703) 736-7424 (International) at least 10 minutes prior to the start of the call to ensure connection. The conference participant passcode is 8382409.  The information provided on the teleconference is only accurate at the time of the co

MONACO, April 04, 2022 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) (the "Company") announced today that it signed its $175.0 million multicurrency credit facility and will participate in two investor events in April and May 2022. On March 31, 2022, the Company signed its previously announced five year $175.0 million multicurrency credit facility (the "Credit Facility") from DNB Capital LLC, Societe Generale, Citibank N.A., Credit Agricole Corporate and Investment Bank and Credit Industriel et Commercial.  The Company expects to draw down the Credit Facility within April 2022 and confirms the immediate use of proceeds will include repayment of outstanding debt under its existing $60.0 milli

MONACO, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) ("Eneti" or the "Company"), today reported its results for the three months ended December 31, 2021. The Company also announced that on February 23, 2022 its Board of Directors declared a quarterly cash dividend of $0.01 per share on the Company's common shares. The Company's results for the three and twelve months ended December 31, 2021 include the impact of Seajacks International Limited's ("Seajacks") earnings during the period from August 12, 2021 (the date the acquisition was completed) through December 31, 2021. Since the completion of the acquisition, the operations of the Company are primarily those of Seajacks as

MONACO, Feb. 16, 2022 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) (the "Company") plans to announce fourth quarter 2021 financial results in a press release that will be issued before the market opens on Wednesday, February 23, 2022. A conference call to discuss the Company's results will be held at 9:00 AM Eastern Standard Time / 3:00 PM Central European Time on February 23, 2022.  Those wishing to listen to the call should dial 1 (866) 219-5268 (U.S.) or 1 (703) 736-7424 (International) at least 10 minutes prior to the start of the call to ensure connection. The conference participant passcode is 1680705.  The information provided on the teleconference is only accurate at the time of the

MONACO, Dec. 02, 2021 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) (the "Company") plans to announce third quarter 2021 financial results in a press release that will be issued before the market opens on Wednesday, December 8, 2021. A conference call to discuss the Company's results will be held at 10:00 AM Eastern Standard Time / 4:00 PM Central European Time on December 8, 2021. Those wishing to listen to the call should dial 1 (866) 219-5268 (U.S.) or 1 (703) 736-7424 (International) at least 10 minutes prior to the start of the call to ensure connection. The conference participant passcode is 2709819. The information provided on the teleconference is only accurate at the time of the c

MONACO, Aug. 17, 2021 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) ("Eneti" or the "Company"), today reported its results for the three months ended June 30, 2021. The Company also announced that on August 16, 2021 its Board of Directors declared a quarterly cash dividend of $0.01 per share on the Company's common shares. Results for the Three and Six Months Ended June 30, 2021 and 2020 For the second quarter of 2021, the Company's GAAP net income was $13.0 million, or $1.19 per diluted share, including: a gain on vessels sold of approximately $6.5 million, or $0.59 per diluted share, which is primarily the result of an increase in the fair value of common shares of Star Bulk Carriers Cor

MONACO, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) (the "Company") plans to announce second quarter 2021 financial results in a press release that will be issued before the market opens on Tuesday, August 17, 2021. A conference call to discuss the Company's results will be held at 10:00 AM Eastern Daylight Time / 4:00 PM Central European Summer Time on August 17, 2021.  Those wishing to listen to the call should dial 1 (866) 219-5268 (U.S.) or 1 (703) 736-7424 (International) at least 10 minutes prior to the start of the call to ensure connection. The conference participant passcode is 9674972.  The information provided on the teleconference is only accurate at the time of t

Eneti will acquire Seajacks for approximately 8.13 million shares, $299 million of assumed net debt, $74 million of newly-issued redeemable notes, and $12 million of cashIn 2021 Seajacks is expected to generate $125 million of EBITDA from projected revenues of $224 million, of which 89% is from firm contractsSeajacks has a decade of experience and access to key high-growth marketsWith five WTIVs on-the-water and another high-specification newbuilding scheduled for delivery in 2024, Eneti will have one of the largest, most capable installation fleets in the offshore wind sectorEneti will become the only NYSE-listed WTIV owner-operator and will provide shareholders with immediate exposure to t

MONACO, May 18, 2021 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) ("Eneti" or the "Company"), today reported its results for the three months ended March 31, 2021. The Company also announced that on May 14, 2021 its Board of Directors declared a quarterly cash dividend of $0.05 per share on the Company's common shares. Results for the Three Months Ended March 31, 2021 and 2020 For the first quarter of 2021, the Company's GAAP net income was $41.9 million, or $3.84 per diluted share, including: a gain subsequent to an increase in fair value less costs to sell of approximately $15.5 million, or $1.43 per diluted share, taken related to the Company's previously announced plan to exit