Euroseas (ESEA) extended a charter contract for its feeder containership EM Kea by three years at a gross daily rate of $30,000.
The charter is set to begin on July 14 and reflects nearly a 60% increase over the vessel's current rate, the company said Wednesday in a statement.
Euroseas expects the charter to generate about $22.5 million in EBITDA over the minimum contracted period.
The company's shares fell 2% in after-hours trading.
GitLab (GTLB) said late Tuesday it expanded its collaboration with Alphabet's (GOOGL, GOOG) Google Cloud, allowing customers to use Google's Vertex AI models to power the GitLab Duo Agent Platform.The integration lets joint customers call Google's AI models directly inside GitLab, with that usage counting toward their existing Google Cloud spending commitments. GitLab said the move pairs Google's model performance with GitLab's built-in security, compliance and audit controls.GitLab shares rose 6.5% in after-hours trading, and Alphabet was little changed.
TeraWulf (WULF) reported preliminary Q1 revenue late Tuesday of $30 million to $35 million and adjusted EBITDA of breakeven to $3 million.Analysts polled by FactSet expect revenue of $37.5 million and EBITDA of $7.6 million.Separately, the company announced an $800 million offering of common shares with underwriters granted a 30-day option to buy up to an additional $120 million in stock.Net proceeds will be used in part to finance a portion of the construction of a data center at its site in Hawesville, Kentucky.TeraWulf shares fell 7.3% in after-hours trading.
Equity Bancshares (EQBK) reported Q1 core earnings late Tuesday of $1.32 per diluted share, up from $0.90 a year earlier.Analysts polled by FactSet expected $1.16.Revenue in the three months ended March 31, expressed as the sum of net interest income and total noninterest income, rose to $83.2 million from $60.6 million a year earlier.Four analysts surveyed by FactSet expected $82.7 million.The company's shares fell 4.1% in after-hours trading.